Providing an introduction to the principles of accounts, this book is intended for those studying for qualifications in accounts. This edition has been revised and updated to take into account recent changes in syllabuses and legislation. For example, the transposition of traditional English balance sheets into the more natural style of assets on the left and liabilities on the right occurs as a direct result of the Companies Act of 1985. Topics covered include final accounts, bills of exchange, limited liability companies, royalties and cash flow statements. This edition also incorporated new figures and revised specimen questions. first year degree, AAT, ACCA, CIB, ICSA, CIMA and RSA courses. It is recommended by SCCA for its paper Accounting 1.
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