Includes references and index.

Chapter 1. Introduction to accounting -- Chapter 2. Accounting concepts and principles -- Chapter 3. Accounting elements and account titles -- Chapter 4. Accounting equation and rules of debit and credit -- Chapter 5. Journalizing -- Chapter 6. Posting and trial balance -- Chapter 7. Adjusting entries -- Chapter 8. The worksheet and financial statements -- Chapter 9. Closing entries, post-closing trial balance, and reversing entries -- Chapter 10. Merchandising operation -- Chapter 11. Adjusting entries and worksheet -- Chapter 12. Financial statements, closing entries, post-closing trial balance, and reversing entries -- Chapter 13. Special journals with VAT applications -- References -- Index.

This book entitled Fundamentals of Accountancy, Business, and Management 1 is designed primarily for Senior High School students who are taking the academic strand Accountancy, Business, and Management (ABM).
The text is divided into four major units. It has been prepared in accordance with the curriculum requirements set by Department of Education (DepEd) covering the specialized subject. Since the learner is introduced to a new technical field that needs full understanding and critical analysis, this material has adopted a procedural approach that is deemed fitting for the learner.