BarronA's Business Review Books are typically used as college textbook supplements or as main texts in adult education and business brush-up courses. They also make excellent
teach-yourself texts for readers who want to expand their business knowledge outside classroom settings. This expanded and updated title explains accounting as the main tool for organizing,
maintaining, recording, and analyzing the financial activities of every business. Topics explained include the accounting equation, the different financial statements and their differing
functions, the process of recording business transactions, special journals and controls, assets and liabilities, inventories, payroll and government regulations, different forms of business
organization, and much more. The text is filled with examples and with review questions and answers. New in this edition is inclusion of the latest available payroll withholding tax tables for
Federal, New York State, New York City, and Yonkers municipalities. All payroll topics, including social security taxes, utilize the actual current rates and requirements for each topic
presented.