A Common-Sense Method of Double-Entry Bookkeeping on First Principles: As Suggested by De Morgan. Part 1 Theoretical

This 1897 book, first reissued in 1984, is a key historical document from the early years of accounting and explains the development of the accounting profession.

Format: Paperback / softback
Length: 140 pages
Publication date: 15 February 2022
Publisher: Taylor & Francis Ltd

This 1897 book, which was first reissued in 1984, is a crucial historical document from the early years of accounting, providing a detailed explanation of the various aspects of double entry bookkeeping. Initially intended as a teaching tool for accounting students, it has since become an essential piece of understanding the development of the accounting profession itself.

The book is divided into four main sections, each covering a different aspect of double entry bookkeeping. The first section introduces the concept of double entry bookkeeping and explains how it works. It also discusses the benefits of using this system and the importance of maintaining accurate records.

The second section focuses on the journal, which is the primary record of all transactions in a business. It explains how to record transactions, classify them, and post them to the general ledger. The third section covers the ledger, which is a summary of all transactions recorded in the journal. It explains how to balance the ledger and prepare financial statements.

The fourth section discusses the use of accounting software and the benefits it can provide to businesses. It explains how to select and use accounting software, as well as how to maintain and update financial records.

Overall, this book is a valuable resource for anyone interested in accounting or in learning more about double entry bookkeeping. It provides a comprehensive and detailed explanation of the system, and its insights into the development of the accounting profession are invaluable.

Dimension: 234 x 156 (mm)
ISBN-13: 9780367505172