Includes glossary and bibliography.

Contents: Meaning and scope of accounting --The accounting equation -- The principles of double entry and bookkeeping and the trial balance -- The day books -- Accounting for value added tax (VAT) -- Mar-up, margin, mark-down and discounts -- Accounting concepts, conventions and policies -- Introduction to the final accounts of sole proprietor -- Depreciation of non-current (fixed) accounts -- Adjustments for final accounts -- Correction of errors and suspend account -- Bank reconciliation statement -- Control accounts -- Single entry and incomplete records -- Accounts of non-trading organization -- Partnership accounts -- Company accounts -- Interpretation of accounts (Accounting rations) -- Cash flow statements -- Accounts for manufacturing organizations -- Departmental accounts - Branch accounts -- Bills of exchange -- Royalty accounts -- Hire purchase -- Consignment accounts -- Container accounts -- Joint ventures accounts -- Information technology in accounting --