Bookkeeping Workbook For Dummies

Master the art of bookkeeping with this valuable study guideIf you're preparing for The American Institute of Professional Bookkeepers' (AIPB) bookkeeping certification test, you need an easy- to-follow test-preparation guide that gets you up to speed quickly in all of the bookkeeping basics, from setting up a company's books and recording transactions to managing employee payroll, handling government paperwork, and closing out the books. You need Bookkeeping Workbook For Dummies. With demonstration problems, complementary examples, and multiple-choice questions you'll find in this user-friendly primer, you'll sharpen your bookkeeping skills for the real world as you increase your ability to perform well on any test. Chapter quizzes let check your progress as you go, and step-by-step answers show you where you went wrong (or right) each problem. You'll feel your confidence and competence growing as you learn how to: Perform a wide variety of financial transactions Use key concepts and skills with real-world bookkeeping problems Design a bookkeeping system Track day-to-day business operations Keep journals for active accounts Use blank working papers and spread sheets Handle cash entries and develop internal controls Calculate and pay employee withholding taxes Depreciate assets Prove out your books at year's end Prepare tax returns as set up for a new year Complete with Top Ten lists for managing cash, monitoring accounts, and finding additional helpful resources, Bookkeeping Workbook For Dummies is the test-prep guide you need to help you ace the certification test and speed your way into a successful and rewarding career.

Master the art of bookkeeping with this valuable study guideIf you're preparing for The American Institute of Professional Bookkeepers' (AIPB) bookkeeping certification test, you need an easy- to-follow test-preparation guide that gets you up to speed quickly in all of the bookkeeping basics, from setting up a company's books and recording transactions to managing employee payroll, handling government paperwork, and closing out the books. You need Bookkeeping Workbook For Dummies.With demonstration problems, complementary examples, and multiple-choice questions you'll find in this user-friendly primer, you'll sharpen your bookkeeping skills for the real world as you increase your ability to perform well on any test. Chapter quizzes let check your progress as you go, and step-by-step answers show you where you went wrong (or right) each problem. You'll feel your confidence --and competence--growing as you learn how to:* Perform a wide variety of financial transactions* Use key concepts and skills with real-world bookkeeping problems* Design a bookkeeping system* Track day-to-day business operations* Keep journals for active accounts* Use blank working papers and spread sheets* Handle cash entries and develop internal controls* Calculate and pay employee withholding taxes* Depreciate assets* Prove out your books at year's end* Prepare tax returns as set up for a new yearComplete with Top Ten lists for managing cash, monitoring accounts, and finding additional helpful resources, Bookkeeping Workbook For Dummies is the test-prep guide you need to help you ace the certification test and speed your way into a successful and rewarding career.

Introduction 1Part I: Exploring Bookkeeping Basics 5Chapter 1: Deciphering the Basics 7Chapter 2: Designing Your Bookkeeping System 19Chapter 3: Sorting Out Your Business Road Map 33Part II: Putting it All on Paper 47Chapter 4: Looking at the Big Picture 49Chapter 5: Journaling -- The Devil's in the Details63Chapter 6: Designing Controls for Your Books, Your Records, andYour Money 79Part III: Tracking Day-to-Day Business Operations with YourBooks 91Chapter 7: Purchasing Goods and Tracking Your Purchases 93Chapter 8: Calculating and Monitoring Sales 103Chapter 9: Paying Your Employees 127Chapter 10: Paying Employer Taxes and Completing RelatedGovernment Reports 141Part IV: Getting Ready for Year's (Or Month's)End 149Chapter 11: Depreciating Your Assets 151Chapter 12: Paying and Collecting Interest 161Chapter 13: Proving Out Your Books 173Chapter 14: Checking and Correcting Your Books 185Part V: Putting on Your Best Financial Face 201Chapter 15: Showing Everything's in Balance 203Chapter 16: Proving Your Profits 221Chapter 17: Doing Your Business Taxes 233Chapter 18: Getting Ready for a New Bookkeeping Year 241Part VI: The Part of Tens 249Chapter 19: Top Ten Checklist for Managing Your Cash 251Chapter 20: Top Ten Accounts You Should Monitor 255Chapter 21: Top Ten Problems You Should Practice 259Index 261