This book contains new chapters on manufacturing accounts, the valuation of stock, and accounting concepts and conventions. Preface, Introduction to Accounting, The Asset of Stock, Balancing Off Accounts, The Trial Balance, Balance Sheets, Books of Original Entry, The Banking System, Two-Column Cash Books, The Sales Journal and the Sales Ledger, The Purchases Journal and the Purchases Ledger, The Returns Journals, Value Added Tax, Double Entry Records for Depreciation, Adjustments for Final Accounts, Bank Reconciliation Statements, Errors Not Affecting Trial Balance Agreement, Suspense Accounts and Errors, Control Accounts, Introduction to Accounting Ratios, Single Entry and Incomplete Records, Manufacturing Accounts, Wages and Salaries, The Valuation of Stock, Sales and Purchases Analysis Books, Capital and Revenue Expenditures, Accounting Concepts and Conventions, Index.