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College Accounting, Chapters 1-15,9780538745215

College Accounting, Chapters 1-15

by ;
Edition:
20th
ISBN13:

9780538745215

ISBN10:
0538745215
Format:
Hardcover
Pub. Date:
1/15/2010
Publisher(s):
Cengage Learning
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Summary

This book presents concepts simply, while ensuring the best, most accurate coverage. College Accounting is designed to make accounting understandable to virtually everyone without sacrificing substance and technical correctness. A step-by-step, straightforward approach helps readers build practical accounting skills that are needed when entering the world of work. The simple service industry examples take you through the fundamental processes of financial accounting, including the development of financial statements, concerns about accounting for cash, and key aspects of accounting for taxes. The book continues with coverage of many aspects of accounting for merchandising businesses.

Table of Contents

Accounting for a Service Business
Introduction to Accounting
Analyzing Transactions: The Accounting Equation
The Double-Entry Framework
Journalizing and Posting Transactions
Adjusting Entries and the Work Sheet
Appendix: Depreciation Methods
Financial Statements and the Closing Process
Appendix: Statement of Cash Flows
Comprehensive Problem 1: The Accounting Cycle
Accounting for Cash and Payroll
Accounting for Cash
Appendix: Internal Controls
Payroll Accounting: Employee Earnings and Deductions
Payroll Accounting: Employer Taxes and Reports
Accounting for a Merchandising Business
Accounting for Sales and Cash Receipts
Accounting for Purchases and Cash Payments
Appendix: The Net-Price Method of Recording Purchases
Special Journals
Accounting for Merchandise Inventory
Appendix: Perpetual Inventory Method: LIFO and Moving-Average Methods
Adjustments and the Work Sheet for a Merchandising Business
Appendix: Expense Method of Accounting for Prepaid Expenses
Financial Statements and Year-End Accounting for a Merchandising Business
Comprehensive Problem 2: Accounting Cycle with Subsidiary Ledgers, Part 1
Comprehensive Problem 2: Accounting Cycle with Subsidiary Ledgers, Part 2
Table of Contents provided by Publisher. All Rights Reserved.


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