Higher Education

Keeping Financial Records for Business, 10th Edition

  • Burton S. Kaliski Ed. D. New Hampshire College
  • Robert Schultheis Glen Carbon, IL
  • Daniel Passalacqua San Jose, Ca
  • ISBN-10: 0538441534  |  ISBN-13: 9780538441537
  • 752 Pages
  • Previous Editions: 2001, 1995, 1991
  • © 2006 | Published
  • College Bookstore Wholesale Price = $64.75

About

Overview

KEEPING FINANCIAL RECORDS FOR BUSINESS is the only totally up-to-date record keeping text available. The all-new 10th Edition will give your students a broad knowledge of business operations and the basic skills they need to keep better financial records. The text contains a colorful graphic design and features that will capture students’ interest. A step-by-step approach to each new task makes it easier for students to master the job skills of record keeping.

Table of Contents

CHAPTER 1. BASIC RECORD KEEPING SKILLS. 1. Record Keeping and the Computer. 2. Entering Record Keeping Data. 3. Verifying Record Keeping Data. 4. Filing Numeric Data. 5. Filing Alphabetic Data. 6. Entering and Filing Data Electronically. 7. Using Electronic Spreadsheets. CHAPTER 2. BUDGET RECORDS. 8. Keeping a Personal Budget. 9. Keeping a Family Budget. 10. Keeping a Business Budget. 11. Analyzing Budgets. CHAPTER 3. CREDIT RECORDS. 12. Applying for Bank Credit Cards. 13. Checking Your Credit Card Statement. 14. Buying on the Installment Plan. 15. Obtaining a Loan. CHAPTER 4. CASH RECEIPTS RECORDS. 16. Preparing and Recording Receipts. 17. Using a Cash Register. 18. Handling Refunds, Coupons, and Checks. 19. Preparing Proofs of Cash. 20. Preparing Cashier Reports. 21. Preparing Bank Deposits. CHAPTER 5. CHECKING ACCOUNT RECORDS. 22. Opening a Bank Checking Account. 23. Writing Checks. 24. Keeping a Checkbook. 25. Using a Check Register. 26. Endorsing Checks. 27. Savings Accounts and Other Bank Services. 28. Reconciling Bank Statements. 29. Handling Outstanding Deposits. 30. Handling Bank Service Charges, Interest, and Errors. CHAPTER 6. PETTY CASH RECORDS. 31. Writing Petty Cash Vouchers. 32. Classifying Business Expenses. 33. Using a Petty Cash Book. 34. Replenishing and Maintaining the Petty Cash Fund. CHAPTER 7. RECORD KEEPING FOR SALES CLERKS. 35. Completing Sales Slips. 36. Computing Sales Tax on Merchandise. 37. Computing Sales Tax on Goods and Services. 38. Handling Charge Sales. 39. Making Refunds on Charge Card Sales. CHAPTER 8. RECORD KEEPING FOR RETAIL CHARGE SALES. 40. Keeping Records for Charge Customers. 41. Handling Sales Returns. 42. Preparing Customer Statements. CHAPTER 9. RECORD KEEPING FOR ACCOUNTS RECEIVABLE CLERKS. 43. Preparing Sales Invoices. 44. Keeping Records of Customer Accounts. 45. Using a Sales Journal. 46. Using a Cash Receipts Journal. 47. Using Sales and Cash Receipts Journals. 48. Using a Sales Returns and Allowances Journal. CHAPTER 10. RECORD KEEPING FOR STOCK RECORDS CLERKS. 49. Keeping Stock Records. 50. Checking Stock Records. 51. Preparing Purchase Requisitions and Open Order Reports. CHAPTER 11. RECORDS KEEPING FOR PURCHASE ORDER CLERKS. 52. Preparing Price Quotation Records. 53. Preparing Purchase Orders. 54. Preparing Receiving Reports. 55. Checking and Filing Purchase Orders. CHAPTER 12. RECORD KEEPING FOR ACCOUNTS PAYABLE CLERKS. 56. Keeping Creditor Accounts. 57. Using a Purchases Journal and an Accounts Payable Ledger. 58. Using a Cash Payments Journal and an Accounts Payable Ledger. 59. Using a Purchases Journal, a Cash Payments Journal, and an Accounts Payable Ledger. 60. Using a Purchases Returns and Allowances Journal and an Accounts Payable Ledger. CHAPTER 13. RECORD KEEPING FOR SMALL BUSINESSES. 61. Recording Income in a Cash Receipts Journal. 62. Recording Income in a General Ledger. 63. Using a Cash Receipts Journal and a General Ledger. 64. Using a Cash Payments Journal. 65. Recording Expenses in the General Ledger. 66. Using a Cash Payments Journal and a General Ledger. 67. Preparing a Trial Balance. CHAPTER 14. FINANCIAL STATEMETNS FOR SMALL BUSINESSES. 68. Preparing an Income Statement. 69. Using the Income Statement to Compute Taxes. 70. Preparing a Capital Statement. 71. Preparing a Balance Sheet. 72. Preparing a Six-Column Work Sheet. CHAPTER 15. RECORD KEEPING FOR PAYROLL CLERKS: COMPUTING GROSS PAY. 73. Handling Time Cards. 74. Computing Hourly Wages. 75. Using a Payroll Register. 76. Computing Overtime. 77. Recording Overtime Wages in the Payroll Register. 78. Computing Salaries and Commissions. 79. Piecework Pay. CHAPTER 16. RECORD KEEPING FOR PAYROLL CLERKS: COMPUTING NET PAY. 80. Computing Social Security Taxes. 81. Using the Social Security Tax Table. 82. Finding Withholding Taxes. 83. Preparing the Payroll. 84. Keeping an Employee Earnings Record. 85. Preparing the Wage and Tax Statement. 86. Handling Other Deductions. APPENDICES. A. Paying Your Income Taxes. B. Applied Math Skills. C. Internet Basics. D. Using Calculator Keyboards and Computer Keypads. E. Applied Math Preview Answers.

Supplements

All supplements have been updated in coordination with the main title. Select the main title's "About" tab, then select "What's New" for updates specific to title's edition.

For more information about these supplements, or to obtain them, contact your Learning Consultant.

Instructor Supplements

Automated Simulation #2 Key  (ISBN-10: 0538443308 | ISBN-13: 9780538443302)

Automated Simulation #1 Key  (ISBN-10: 0538443324 | ISBN-13: 9780538443326)

Tests, Chapters 1-16  (ISBN-10: 0538441585 | ISBN-13: 9780538441582)

ExamView®  (ISBN-10: 0538441623 | ISBN-13: 9780538441629)

Teacher's Resource Guide  (ISBN-10: 0538441607 | ISBN-13: 9780538441605)

Manual Simulation #2 Key  (ISBN-10: 0538443316 | ISBN-13: 9780538443319)

Instructor's Resource CD-ROM  (ISBN-10: 0538441615 | ISBN-13: 9780538441612)

Teach Plus Pack  (ISBN-10: 053844164X | ISBN-13: 9780538441643)

List Price = $247.95  | College Bookstore Wholesale Price = $186.50

Instructor's Wraparound Edition  (ISBN-10: 0538441542 | ISBN-13: 9780538441544)

Student Supplements

Working Papers, Chapters 1-9  (ISBN-10: 0538441550 | ISBN-13: 9780538441551)

Save time and learn more with the Working Papers for KEEPING FINANCIAL RECORDS FOR BUSINESS, CHAPTERS 1-9. This rich tool will provide you with valuable assets including application problems, reinforcement activities, and comprehensive projects.

List Price = $34.95  | College Bookstore Wholesale Price = $26.00

Working Papers, Chapters 10-16  (ISBN-10: 0538441569 | ISBN-13: 9780538441568)

Save time and learn more with the Working Papers for KEEPING FINANCIAL RECORDS FOR BUSINESS, CHAPTERS 10-16. This rich tool will provide you with valuable assets including application problems, reinforcement activities, and comprehensive projects.

List Price = $34.95  | College Bookstore Wholesale Price = $26.00

Automated Simulation #1  (ISBN-10: 0538441666 | ISBN-13: 9780538441667)

This Automated Simulation offers real-life settings for students to apply their record keeping skills. This simulation requires Automated Accounting software.

List Price = $55.95  | College Bookstore Wholesale Price = $42.00

Manual Simulation #1  (ISBN-10: 0538441658 | ISBN-13: 9780538441650)

This Manual Simulation offers real-life settings for students to apply their record keeping skills. This simulation does not require a computer.

List Price = $55.95  | CengageBrain Price = $55.95  | College Bookstore Wholesale Price = $42.00

Automated Simulation #2  (ISBN-10: 0538441690 | ISBN-13: 9780538441698)

This Automated Simulation offers real-life settings for students to apply their record keeping skills. This simulation requires Automated Accounting software.

List Price = $55.95  | College Bookstore Wholesale Price = $42.00

Manual Simulation #2  (ISBN-10: 0538441682 | ISBN-13: 9780538441681)

This Manual Simulation offers real-life settings for students to apply their record keeping skills. This simulation does not require a computer.

List Price = $55.95  | College Bookstore Wholesale Price = $42.00

Meet the Author

Author Bio

Robert Schultheis

Dr. Robert A. Schultheis has been a high school teacher, a university teacher educator, and a univeristy management information systems faculty member specializing in networking. He is the coauthor of textbooks in both high school business education and college-level information systems. He has retired from Southern Illinois University at Edwardsville but continues to write, consult organizations on information system matters, and maintain web sites for organizations.

Daniel Passalacqua

Daniel Passalacqua teaches accounting at Oak Grove High School in San Jose, CA.