This course focuses on instruction in standard bookkeeping procedures and the small professional, service, merchandising, and retail sole proprietorships. Emphasis is given to journals, posting, preparation of a trial balance, and financial statement, and procedures for handling petty cash, bank deposits, withdrawals, and payroll.
Book required: Small Business Accounting, Lita Epstein with Susan Myers. Wiley, ISBN 978-0-470-19863-6. Book is only a reference; not all chapters will be covered.