Save hours on journal entries (and avoid embarrassing mistakes).
- Instant-find index gives you the right journal entry instantly.
- Correct journal entries for any transaction—all in compliance with current FASB, APB and other GAAP standards.
- Clear explantions of which costs, etc. should be debited or credited to which GL accounts.
- Commonly used and alternatve GL account titles.
- Over 650 pages … over 1,000 journal entries … all fully indexed.
Here’s just a sampling of what you get…
Plus: Special sections on Business Combinations, Branch and Home Office, Cash journal entries and more.
Publisher: AIPB
CUI –
practical. Easy to follow.
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JOSEPH –
very comprehensive, but suprised there was no entry for contributing assets to a business. there should of been an example of a contribution of an asset that is currently subject to depreciation, an asset with basis less than FMV and asset with FMV greater than basis. Publisher’s note: Both of these journal entries are, in fact, included in the Encyclopedia. Whether or not the asset is subject to depreciation is irrelevant. Assets acquired by donation (contribution) are valued at fair market value (FMV); depreciation that may have been previously taken by the entity contributing the asset is not relevant. Also, in terms of FMV v. basis the cost basis or tax basis of the entity contributing the asset is irrelevant to how the receiving entity records the transaction. The cost or tax basis of the entity receiving the asset would be the asset’s FMV.
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MARIE –
The book is very helpful for keeping up with detailed trx. As a recent graduate, the book became a go-to reference for my daily needs.
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JOHN –
Nice reference book.
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PASCUAL –
Although I work for a non for profit organization, The Encyclopedia provides journal entries for any transaction and gives me the confidence I need because it is based on GAAP.
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OLUSOREFUNWA –
So far seems like an exhaustive reference book. The index/ organization is sometimes confusing
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WILLIAM –
The book is extremely helpful, particularly when someone has been away from bookkeeping for so long. My business is mainly tax preparation, tax planning and consulting.
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TERRY –
good book. It is a good desk reference book.
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LAURA –
A great source to use when working wiht unique transactions like year end closings or selling machinery.
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NICHOLAS –
Very good book, but it’s not written at the basic level. A certain amount of journal entry knowledge is needed before making sense of this book.
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