Written for the beginner, this concise guide maps out the accounting cycle: balance sheets, income statements, ledger transactions, trial balances, and closing entries Ideal for small or new businesses, this book explains single-entry and double-entry accounting and cash versus accrual accounting Learning Objectives: To discuss recordkeeping оеьдщ systems To review the vocabulary of accounting To explain making adjusting and closing entries To discuss accounting decision making.  BlackouISBN 156052667X.