Accounting and Bookkeeping workbook for dummies Cheat Sheet 5 pot

... Pensions and profit-sharing plans ߜ Rents ߜ Repairs and maintenance ߜ Salaries and wages ߜ Taxes and licenses 59 Chapter 3: Bookkeeping and Accounting Systems 07_246009 ch03.qxp 4/16/08 11 :54 PM ... 11 :51 PM Page 49 Clearly, an accounting system needs to standardize the forms and procedures for processing and recording all normal, repetitive transactions and should...

... very large ( $50 0 million annual sales and up and 50 0 employees or more). Developing and marketing accounting software is a booming business. You could go to Google or Yahoo and type accounting ... profit accounting a fascinating challenge. For one thing, you have to understand how a business operates and its strategies in order to account for its profit. Making a profit...

... depreciation Total assets Assets 2008 $2,1 65 $2,600 $3, 450 $600 $8,8 15 $12, 450 ($6,4 15 $6,0 35 $14, 850 $2,2 75 $2, 150 $2,7 25 $52 5 $7,6 75 $11,1 75 ( $5, 640 $5, 5 35 $13,210 )) 2009 Accounts payable Accrued ... & owners’ equity $1 25 $ 150 $ 25 $1,690 $1,990 $640 $ 750 $90 $6,000 $3,100 $2,630 $13,210 $ 250 $ 150 ($ 750 ($ 350 ) ) $7 65 $900 $1 15 $6, 250...