The easy way to learn and retain key accounting & bookkeeping skills!Comprehensive training for beginners and small business owners. No prior accounting knowledge needed!Prove your skills to employers and get certified! Provides complete prep for the Intuit Certified Bookkeeping Professional examIncludes access to a robust online resource center with multimedia assets that enhance learning: videos, quizzes, presentations and more!Employs the unrivaled, proven learning techniques that Labyrinth Learning has refined over more than three decadesReal-world exercises, full-scale projects, and multiple practice sets build confidence and skills masteryWritten by a teacher and CPAEric A.

Weinstein MBA, CPA is a Professor of Business Administration at Suffolk County Community College and author of several in-demand accounting textbooks. Eric has received many awards in his career in education, including the State University of New York Chancellor's Award for Excellence in Teaching.

He's also been a practicing CPA in New York for more than 10 years. Backed by decades of experienceFor more than 30 years, Labyrinth Learning has been a leader in preparing classroom students for the workplace.

With the Boost Your Skills series, Labyrinth brings all of its experience from the classroom to the living rooms of learners across the globe. Boost Your Skills in Accounting & Bookkeeping is an easy-to-use guide that takes learners step-by-step through the skills they'll need in the workplace.

List of topics coveredEvaluating TransactionsThe Accounting CycleJournal Entries and T-AccountsAdjusting EntriesFinancial Statements and Closing EntriesComputerized Systems, Cash, and PayrollFinancial Statement AnalysisMerchandise InventoryBy the end of Chapter 1 you will be able to:Describe the accounting equationDifferentiate between account typesEvaluate a transactionConvey transaction detailsBy the end of Chapter 2 you will be able to:Explain the concept of posting journal entriesIdentify the purpose of a trial balanceDistinguish between adjusting entries and closing entriesDiscuss the four primary financial statementsBy the end of Chapter 3 you will be able to:Distinguish between debits and creditsWork with T-accountsJournalize a transactionPost a transactionUse a special journal and a subsidiary ledgerBy the end of Chapter 4 you will be able to:Format and complete a trial balanceRecord adjusting entriesCalculate depreciation using the straight-line methodCalculate depreciation using the double-declining balance methodBy the end of Chapter 5 you will be able to:Prepare an income statementPrepare a statement of owner’s equityPrepare a balance sheetIdentify the sections of a statement of cash flowsRecord closing entriesBy the end of Chapter 6 you will be able to:Describe appropriate internal control proceduresPrepare a bank reconciliationCalculate employer and employee payroll taxesRecord journal entries for payrollDescribe a computerized accounting systemBy the end of Chapter 7 you will be able to:Complete a horizontal analysisComplete a vertical analysisPrepare common-size financial statementsCalculate various financial ratios. .