Bookkeeping All-in-One For Dummies, 2nd Edition

Index

Numbers

• 8-K form, 127, 182–183

• 10-K form, 127
• 10-Q form, 127
• 12-month file, 77

• 20% Pass-Through Tax Deduction law, 169, 170, 505

• 52/53 week fiscal year, 190

A

• ABC (activity-based costing), 491
• absorption accounting, 496
• accelerated depreciation, 266, 273, 421
• Account Credited column, Cash Receipts journal, 53
• Account Debited column, Cash Disbursements journal, 55
• account format, of balance sheet, 190–191
• accounting
  • absorption, 496
  • accrual, 9, 21–22, 391
  • computerized
    • for budgeting, 474–475
    • journals, 63–66, 404–407
    • overview, 12
    • printing checks from, 71–72
    • reconciling bank accounts, 394–395
    • setting up, 89–93
    • software options, 86–89
    • tracking inventory, 282–284
    • using with General Ledger, 48–50
  • cost accounting
    • costs, 483–487, 496–497
    • economic costs versus accounting costs, 482–483
    • excessive production, 495–499
    • importance of, 479–481
    • manufacturers, product cost of, 487–495
    • overview, 477–479
    • terms, 482–483
  • cost of goods sold expense, calculating
    • FIFO method, 268–269
    • LIFO method, 269–272
  • defined, 7
  • expense recognition, 275–276
  • financial statements
    • differences in, 261–262
    • taking alternative look at, 259–261
  • inventory cost, calculating
    • FIFO method, 268–269
    • LIFO method, 269–272
  • managerial accounting
    • budgeting, 455–475
    • cost accounting, 477–499
    • overview, 433–434
    • reporting profit, 435–453
  • method differences, 262–267
  • overview, 257–258
  • recording
    • depreciation expense, 272–274
    • transactions, 258
  • revenue recognition, 275–276
• accounting ...