Accounting for the New Business

It's a good overview of accounting terms and procedures, I liked that it was about the new business. I mainly concetrated on the record keeping chapters, and I don't know why some books call expenses, cash disbursements, and other books call expenses, expenses? I keep a record of expenses, and another of petty cash expenses. To me cash disbursements are always paid when they have to so I don't have a due date and a paid date. Also I don't generate a sales invoice and then record the income because they happen at the same time, I collect immediately, so that part is unecessary or could be elaborated on for the business that uses this method. It helped me with quickbooks and I have a better idea of how to prepare financial statements using software. This is a good review even if you have other accounting books, it's small and easy and to read and you can take it anywhere. Usually accounting is too dry for me, but the chapters were straight to the point. A good buy for an inventory based or service based business, Most accounting books lack a common sense explanation, this one is a good deal.