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Financial Accounting

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Financial accounting records, summarizes, and reports transactions for external users like investors. Core principles include the accounting equation (Assets = Liabilities + Equity) and double-entry system. Key statements: Income Statement, Balance Sheet, Cash Flow Statement. Covers depreciation, inventory (FIFO, LIFO), and error rectification. Ensures accuracy via journals, ledgers, and trial balances. (50 words)

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Institution
Dedan Kimathi University Of Technology
Course
BBA 2507 (BCM1201)

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FRANK WOOD’S




1
business
accounting
TENTH EDITION




FRANK WOOD &
ALAN SANGSTER




Additional student support at
www.pearsoned.co.uk/wood

,FRANK WOOD’S

business accounting 1
Visit the Business Accounting, tenth edition Companion Website
at www.pearsoned.co.uk/wood to find valuable student learning
material including:
l Learning objectives for each chapter
l Multiple choice questions to help test your learning
l Review questions and answers
l Links to relevant sites on the web
l Searchable online glossary
l Flashcards to test your knowledge of key terms and definitions

,Frank Wood
1926–2000

, FRANK WOOD’S




1
business
accounting
TENTH EDITION




FRANK WOOD BSc (Econ), FCA
and

ALAN SANGSTER BA, MSc, Cert TESOL, CA
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Institution
Dedan Kimathi University Of Technology
Course
BBA 2507 (BCM1201)
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Number of pages
793
Written in
2017/2018
Type
Class notes
Professor(s)
Rev mutwiri
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Subjects

  • financial accointing ledgers journals assets capil
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