Accounting Demystified by Jeffry R. Haberhe book uses examples of typical business situations to demonstrate basic financial concepts, including: • The accounting process • Financial statements • Making entries • Accounts payable and accounts receivable • Cashflow statements • Fixed and intangible assets • Inventory • Liabilities • Adjusting and closing entries • Prepaid expenses •Preparing a bank reconciliation • Accounting information systems • Stockholders equity • Ratio analysis