This book is designed primary to supplement the students who are reading degree course in the field of Business especially in Accounting, Managerial Accounting, Economics, and Finance. The student is therefore enjoined to go through all the aspect of accounting (Financial Accounting, Management Accounting, Financial Reporting, & Miscellaneous Accounting) very carefully to enable him/her to solve the problem in the field of Business Accounting. The writers, having study to the level of Ph.D. with the majors in Economics Development, Education and Supply Chain Management for many years have identified the following major problems associated with the study of Business Accounting. Most books on Business Accounting presented in manner confusing the student to run away from studying Accounting at the Degree level. It is for these reasons that the writers deems it necessary as a young people who understand education as a key to write this book in Business Accounting to provide a lasting solution to these problems associated with the study of Business Accounting in the Modern Education System.