Nelson Higher Education

Higher Education

Basic Bookkeeping: An Office Simulation, 7th Edition

  • Brooke C.W. Barker
  • ISBN-10: 0176530827
  • ISBN-13: 9780176530822
  • 0 Pages | Paperback
  • Previous Editions: 2010, 2005, 2001
  • COPYRIGHT: 2015 Published
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Overview

About the Product

Basic Bookkeeping: An Office Simulation, Seventh edition, takes an exciting learn-by-doing approach using a company case simulation so that students can gain a thorough understanding of all aspects of the bookkeeping process. Its applied approach puts the student in the role of the bookkeeper for KBC Decorating Co. and challenges them to maintain the financial records for the company through one fiscal year. This text is designed to teach the fundamental concepts and applications of bookkeeping.

Features

  • Chapter Objectives – Objectives are outlined at the beginning of each chapter to identify the major areas and points covered in the chapter.

  • Practice Exercises – A variety of exercises at the end of each chapter allow students to apply concepts to various different types of businesses, different sales tax rates and calculations, as well as a variety of complexity.

  • Think About It – These questions offer the opportunity to confirm that students have grasped the concepts being presented.

  • Running Case Study: KBC Decorating Company – Starting in Chapter 3, the ongoing exercises at the end of each chapter allow students to apply concepts to a real-world experience in keeping financial records.

About the Author

Brooke C.W. Barker

Brooke Barker has authored all five editions of Basic Bookkeeping. He has been involved with the NACC over the years and has a good understanding of their curriculum needs.

Table of Contents

Chapter 1: An Introduction to Bookkeeping
Chapter 2: Recording the Transaction
Chapter 3: The Ledger
Chapter 4: Correcting Entries and Sales Taxes in Canada
Chapter 5: Freight In, Delivery Expense, and Duty and Brokerage
Chapter 6: Using Special Journals
Chapter 7: Credit Notes, Refunds, and Discounts
Chapter 8: Remitting GST and HST
Chapter 9: Accounting for Cash
Chapter 10: Payroll
Chapter 11: Partnerships and Corporations
Chapter 12: Accounts Receivable and Bad Debts
Chapter 13: Interim Profit or Loss
Chapter 14: At Year End: Preparing to Close the Books
Chapter 15: At Year End: Closing the Books

Appendix A: Real-World Financial Statements
Appendix B: Answers to Think About It!
Appendix C: Chart of Accounts: KBC Decorating Co.
Glossary
Index

New to this edition

  • Supplementary Exercises – These additional exercises are available in Microsoft Excel format for most chapters in the text on the text’s companion website.
  • Fun Fact – these new boxes have been added to this edition to highlight the long and varied history of accounting.
  • Updated payroll deduction tables and tax rates are listed throughout the text, including options to calculate sales tax to accommodate different provinces in some practice exercises.

Supplements

All supplements have been updated in coordination with the Main title.
Please see Main title page for new to this edition information.

Instructor Supplements

Working Papers for use with Basic Bookkeeping: An Office Simulation  (ISBN-10: 0176562524 | ISBN-13: 9780176562526)
Instructor’s Resource CD for Basic Bookkeeping: An Office Simulation  (ISBN-10: 0176562532 | ISBN-13: 9780176562533)

Student Supplements

Working Papers for use with Basic Bookkeeping: An Office Simulation  (ISBN-10: 0176562524 | ISBN-13: 9780176562526)