Basic Accounting 2.2

Accounting is the systematic process of recording, measuring, and communicating financial information. This app provides a comprehensive resource for learning Accounting Basics. The content is thoughtfully organized by chapter, making it easy to navigate and find the information you need.

This app is specifically designed for business students, offering valuable assistance in exam preparation. It consists of three main sections:

1. Accounting Basics: This section covers fundamental concepts such as Balance Sheet, Bookkeeping, Profit & Loss, and more.
2. Accounting & Financial Formulas: Here, you'll find a collection of important formulas related to accounting and finance.
3. Accounting & Financial Terms and Abbreviations: This section provides a comprehensive list of commonly used terms and abbreviations, which is extremely valuable for understanding accounting terminology.

Topics covered in this app include:

• The Accounting Equation
• The Balance Sheet
• Double Entry Bookkeeping
• Profit and Loss Account
• Reporting Period & Conversion Period
• Financial Statements
• Financial Ratios
• Accounting Principles
• Bookkeeping, Debits and Credits
• Adjusting Entries
• Bank Reconciliation
• Petty Cash
• Accounts Receivable and Bad Debts Expense
• Inventory and Cost of Goods Sold
• Depreciation
• Accounts Payable
• Cost Behavior and Break-even Point
• Payroll Accounting
• Standard Costing
• Accounting Pronouncements
• Organizations

If you are seeking a reliable and user-friendly resource for Accounting Basics, the Basic Accounting app is the perfect choice. Install the app today and enhance your understanding of this essential subject.