SERBIAN ALPHABETS

Serbs have two official letters: ĆIRILICA (Cyrillic script) and GLAGOLJICA (Glagolitic or Gaj's Latin script). Serbian (also Croatian, Bosnian and Montenegrin) Glagolitic alphabet is similar to English apart from a couple of letters that Serbs do not have and vice verse.

Gaj's Latin Script

Letter	IPA	Letter	IPA	Letter	IPA
A, a	/a/	G, g	/ɡ/	O, o	/o/
B, b	/b/	H, h	/x/	P, p	/p/
C, c	/ts/	I, i	/i/	R, r	/r/
Č, č	/tʃ/	J, j	/j/	S, s	/s/
Ć, ć	/tɕ/	K, k	/k/	Š, š	/ʃ/
D, d	/d/	L, l	/l/	T, t	/t/
Dž, dž	/dʒ/	Lj, lj	/ʎ/	U, u	/u/
Đ, đ or Dj,dj	/dʑ/	M, m	/m/	V, v	/ʋ/
E, e	/e/	N, n	/n/	Z, z	/z/
F, f	/f/	Nj, nj	/ɲ/	Ž, ž	/ʒ/

Source: http://en.wikipedia.org/wiki/Gaj%27s_Latin_alphabet

Serbian Cyrillic Script

Cyrillic alphabet		IPA value
А а		/a/
Б б		/b/
В в		/ʋ/
Г г		/ɡ/
Д д		/d/
Ђ ђ		/dʑ/
Е е		/ɛ/
Ж ж		/ʒ/
З з		/z/
И и		/i/
Ј ј		/j/
К к		/k/
Л л		/l/
Љ љ		/ʎ/
М м		/m/
Н н		/n/
Њ њ		/ɲ/
О о		/ɔ/
П п		/p/
Р р		/r/
С с		/s/
Т т		/t/
Ћ ћ		/tɕ/
У у		/u/
Ф ф		/f/
Х х		/x/
Ц ц		/ts/
Ч ч		/tʃ/
Џ џ		/dʒ/
Ш ш		/ʃ/

Source: http://en.wikipedia.org/wiki/Serbian_Cyrillic_alphabet

Cursive Gaj's letters are also similar to English, but Serbian cursive Cyrillic letters look like this:

Source: http://en.wikipedia.org/wiki/File:Serbian_Cyrillic_Cursive.png