What Is Financial Accounting and Bookkeeping

What is Financial Accounting and Bookkeeping introduces integral accounting vocabulary, concepts and principles to give a foundation for learning accounting. Using conversational style language, What is Financial Accounting and Bookkeeping introduces the differences in financial and managerial accounting give the reader a clear understanding of what financial accounting is. What is Financial Accounting and Bookkeeping provides step-by-step guidance through the accounting equation: (1) how to use the accounting equation in analyzing business transactions, and (2) using that information to later prepare financial statements and how those financial statements are linked together. What is Financial Accounting and Bookkeeping contains a quiz, example exam questions and a glossary of terms.