Book IV
Preparing for Year’s End
Some accounts are more important than others. Get the low-down on the most important accounts at www.dummies.com/extras/bookkeepingaio.
In this book …
- Understand how depreciation impacts both the income statement and your tax bill, and how to record depreciation in your books
- Review different types of loans and how to calculate and record interest
- Learn how to prove out (or verify) the accuracy of your financial books and records
- Find out how to post all corrections and adjustments to the General Ledger after you make them in the appropriate journal
- Learn how to find and correct errors, and know how to delete accounts
- Review the types of adjustments you need to make to your books before preparing the financial statements
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