Accounting Theory And Practice

""Accounting Theory and Practice: A First Year Text"" is a book written by Roy Bernard Kester and published in 1917. The book serves as an introductory text for students who are just starting to learn about accounting. It covers the basic principles of accounting, including the double-entry system, journalizing, posting, and trial balances. The book also discusses the various types of accounts, such as assets, liabilities, and equity, and how they are used in financial statements. In addition, ""Accounting Theory and Practice"" delves into more advanced topics, such as depreciation, inventory valuation, and partnership accounting. The book also explores the role of accounting in business decision-making and the ethical considerations that come with the profession. Overall, ""Accounting Theory and Practice"" is a comprehensive guide for students looking to gain a strong foundation in accounting. It provides clear explanations and examples, making it easy for readers to understand and apply the concepts. Despite being published over a century ago, the book remains relevant and useful for anyone interested in the field of accounting.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.