US edition
US GAAP, state sales-tax concepts, federal book-to-tax differences, and international selling from a US business.
$9.99 USD
Explore this edition
Worked entries · Exercises with answers · PDF + EPUB
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Understand the books behind your online business, from the first journal entry to the month-end close.
The UK edition covers physical goods, digital products, and subscriptions, with plain-language explanations and technical notes.
Includes PDF and EPUB files in one ZIP download. Digital edition; no physical book. Research cut-off: 20 October 2026.
Educational material; not personalised accounting, tax, or legal advice. Apply current rules and the framework relevant to your business.
Read the actual contents, a worked entry, and an exercise with its answer from the finished books.
Assume the £20,000 is a genuine capital contribution, with no repayment obligation:
| Account | Debit | Credit |
|---|---|---|
| Bank | 20,000 | — |
| Contributed capital | — | 20,000 |
Assets and equity rise together. No revenue is created. If the owner instead lends £20,000 under an enforceable loan arrangement, the credit would be assessed as a liability under the actual facts. The owner's label is relevant evidence but does not replace the agreement.
The business receives £20,000 capital, a £5,000 loan, and a £1,200 customer advance for next month's service. Ignore VAT in this classification exercise. Calculate changes in assets, liabilities, and equity.
Assets rise £26,200; liabilities rise £6,200 from the loan and unperformed service; equity rises £20,000. No revenue has yet been established from those receipts.
All three start with the accounting basics and cover physical goods, digital products, subscriptions, and the month-end close. The reporting frameworks and tax chapters differ.
US GAAP, state sales-tax concepts, federal book-to-tax differences, and international selling from a US business.
$9.99 USD
Explore this editionEU VAT, OSS and IOSS, cross-border goods and digital services, and the choice between IFRS and national accounting rules.
$9.99 USD
Explore this editionUK reporting frameworks, VAT and Making Tax Digital, imports and exports, and relevant Great Britain / Northern Ireland distinctions.
$9.99 USD
Explore this editionThree digital books, each in PDF and EPUB. $20.99 USD for the set — save $8.98 compared with buying the three $9.99 editions separately.
Explore the complete set
We publish guides that follow a transaction all the way through: from an order to a payout, the bank, and the financial statements. Start with the basics, then work through examples and more demanding accounting decisions.
About DAS FinancialsEnglish-language first editions. Research cut-off: 20 October 2026. Educational material; apply current rules and the framework relevant to your business.