Accounting Succinctly

Author(s): Booth Joe.

Description:
Morrisville, Syncfusion Inc, 2015, — 90 p.
Computer developers are frequently asked to create systems to assist a client in running his or
her business. While the developer has the tools (e.g., SQL Server, C#, Visual Studio, etc.) to
produce solid applications, the client has the knowledge of the business that needs to be
computerized.
Unfortunately, most of the clients are not developers. (If they were, why would they hire
programmers in the first place?)
The meeting of these two kinds of expertise is often fraught with miscommunication. The client
explains his or her needs to the developer who, in turn, tries to convert those needs into a
design and, eventually, into a running application. Often, after the client sees the finished
program, he or she then has a clearer picture of what he or she wants the computer to do and,
unfortunately, that picture frequently looks nothing like the program the developer wrote.

Contents:
Basic Accounting Background
Chart of Accounts
Journals
Double Entry Accounting
Let's Review a Few Examples
Summary
Revenues and Expenses
Revenue and Expense Accounts
Let's Review a Few Examples
Closing Entry
Equity Accounts
Summary