If you are looking for a clear and concise overview of the accounting basics, you'll find it in this book. Learning accounting can be challenging if certain concepts are not fully understood early in the process. For example, knowing which account to debit and which account to credit is crucial to understanding journal entries; and understanding journal entries is crucial to understanding how to record financial transactions, and how to produce financial statements.

What sets this book apart are the interactive quizzes that allow you to test and retest your comprehension, so that you can build knowledge faster. It's an eBook, so the questions are always fresh, and the popup answers are just a tap away.

Topics are introduced with a step-by-step approach: (1) Accounting Basics; (2) Chart of Accounts; (3) Nature of Accounts; (4) Cash Receipt Transactions; (5) Cash Disbursement Transactions; (6) Non-Cash Transactions; (7) Trial Balance, General Ledger; and (8) Income Statement, Balance Sheet, Cash Flow Statement.

• Double-Entry vs. Single-Entry Bookkeeping
• Cash Basis vs. Accrual Basis vs. Modified Cash Basis Accounting
• Cash Receipts, Cash Disbursements and Journal Entries
• Capital Expenditures, Asset Book Value, and Depreciation Methods
• Using the General Ledger and Trial Balance to Identify and Resolve Discrepancies
• Reconciling Bank Statement Balances with General Ledger Accounts
• Understanding the Income Statement, Balance Sheet, and Statement of Cash Flows

This is the book that you read before taking an accounting course, if you want to get a head start.