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Practical examples of all important concepts and procedures enrich this clear, logical, and popular guide to financial accounting. This new edition updates material about cash flows and accounting rules and includes new information about accounting software, payroll accounting and federal income taxes. The hundreds of problems with step-by-step solutions prepare students for success with everyday practice and with the CPA exam. Typical exam questions with answers help students measure their comprehension and progress.
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Table of Contents
- Front Matter
- CHAPTER 1 Introduction to Financial Accounting
- CHAPTER 2 Financial Statements
- CHAPTER 3 Analyzing and Recording Financial Transactions
- EXAMINATION I Chapters 1–3
- CHAPTER 4 Adjusting and Closing Entries
- CHAPTER 5 The Preparation of the Worksheet
- CHAPTER 6 Accounting for a Merchandising Business
- EXAMINATION II Chapters 4–6
- CHAPTER 7 Cash and Short-term Investments
- CHAPTER 8 Inventories
- CHAPTER 9 Receivables and Payables
- EXAMINATION III Chapters 7–9
- CHAPTER 10 Fixed Assets, Depreciation, and Intangible Assets
- CHAPTER 11 Liabilities
- CHAPTER 12 Corporations
- EXAMINATION IV Chapters 10–12
- CHAPTER 13 Partnerships
- CHAPTER 14 Financial Statement Analysis
- CHAPTER 15 Statement of Cash Flows
- CHAPTER 16 Accounting for Multinational Operations
- EXAMINATION V Chapters 13–16
- Back Matter
