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Confused by accounting Problem solved. Schaum's Outline of Principles of Accounting I helps you understand basic accounting concepts and offer extra practice on topics such as debits, credits, the chart of accounts, the ledger, inventory measurement, net realizable value, recovery of bad debts, and methods for computing interest. Coverage also includes fixed assets, depreciation and scrap value, methods of depreciation, payroll, and payroll taxes. Salient Features 520 fully solved problems Reflects the latest standards in accounting practices Covers all course fundamentals Supplements the major accounting textbooks Appropriate for the following courses: Accounting; Principles of Accounting; Basic Accounting I; Fundamentals of Accounting I; Introduction to Accounting I