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Glencoe Accounting: First Year Course, Student Edition,9780028150048
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Glencoe Accounting: First Year Course, Student Edition

by Unknown
Edition:
4th
ISBN13:

9780028150048

ISBN10:
002815004X
Format:
Hardcover
Pub. Date:
3/10/1999
Publisher(s):
Glencoe/McGraw-Hill School Pub

Questions About This Book?

What version or edition is this?
This is the 4th edition with a publication date of 3/10/1999.
What is included with this book?
  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any CDs, lab manuals, study guides, etc.
  • The Used copy of this book is not guaranteed to include any supplemental materials. Typically, only the book itself is included.

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Summary

Solid content and the newest technology combine to create the most comprehensive real-world accounting program available!You receive cutting-edge experience in business accounting through Glencoe's partnerships with: American Institute of Certified Public Accounting (AICPA) Peachtree Accounting Software Robert Half International This completely revised accounting program gives students the latest content and introduces the most exciting technologyall designed to connect accounting to the real world of business. Students will be introduced to the real world of accounting software through the integration of Peachtree throughout the text as an essential part of this program. Software tutorial directions are included at the point of instruction for each application. OptionalGlencoe Integrated Accountingsoftware with templates is also available.

Table of Contents

Unit 1 Introduction to Accounting 2(40)
You and the World of Accounting
4(20)
Exploring the Real World of Business: World Wildlife Fund
Exploring Careers
6(8)
A Matter of Ethics: Padding a Resume
12(1)
Check Your Understanding
13(1)
Accounting Careers: The Possibilities Are Endless!
14(10)
Check Your Understanding
17(1)
Accounting Careers in Focus: Carrier Billing Manager
18(2)
Chapter 1 Review and Activities
20(2)
Chapter 1 Problems
22(2)
The World of Business and Accounting
24(18)
Exploring the Real World of Business: Huey's Athletic Network
Exploring the World of Business
26(6)
Check Your Understanding
31(1)
Accounting: The Universal Language of Business
32(10)
A Matter of Ethics: Becoming an Entrepreneur
34(1)
Check Your Understanding
35(1)
Accounting Careers in Focus: Certified Public Accountant (CPA)
36(2)
Chapter 2 Review and Activities
38(2)
Chapter 2 Problems
40(2)
Unit 2 The Basic Accounting Cycle 42(242)
Business Transactions and the Accounting Equation
44(26)
Exploring the Real World of Business: DreamWorks SKG
Property and Financial Claims
46(4)
A Matter of Ethics: Company Property
48(1)
Check Your Understanding
49(1)
Transactions That Affect Owner's Investment, Cash, and Credit
50(7)
Check Your Understanding
56(1)
Transactions That Affect Revenue, Expense, and Withdrawals by the Owner
57(13)
Check Your Understanding
60(2)
Chapter 3 Review and Activities
62(2)
Computerized Accounting: Exploring Electronic Spreadsheets
64(1)
Chapter 3 Problems
65(5)
Transactions That Affect Assets, Liabilities, and Owner's Equity
70(24)
Exploring the Real World of Business: American Airlines
Accounts and the Double-Entry Accounting System
72(6)
Check Your Understanding
77(1)
Applying the Rules of Debit and Credit
78(16)
A Matter of Ethics: Software Piracy
82(1)
Check Your Understanding
83(1)
Accounting Careers in Focus: Business Consultant
84(2)
Chapter 4 Review and Activities
86(2)
Computerized Accounting: Introduction to Computerized Accounting Systems
88(1)
Chapter 4 Problems
89(5)
Transactions That Affect Revenue, Expenses, and Withdrawals
94(26)
Exploring the Real World of Business: Wendy's Old Fashioned Hamburgers
Relationship of Revenue, Expenses, and Withdrawals to Owner's Equity
96(8)
A Matter of Ethics: Using the 800 Number
102(1)
Check Your Understanding
103(1)
Applying the Rules of Debit and Credit to Revenue, Expense, and Owner's Equity Transactions
104(16)
Check Your Understanding
109(1)
Accounting Careers in Focus: Chief Accountant
110(2)
Chapter 5 Review and Activities
112(2)
Computerized Accounting: The Chart of Accounts
114(1)
Chapter 5 Problems
115(5)
Recording Transactions in a General Journal
120(30)
Exploring the Real World of Business: Ben & Jerry's
The Accounting Cycle
122(4)
Check Your Understanding
125(1)
Recording Transactions in the General Journal
126(24)
A Matter of Ethics: Gossip in the Workplace
139(1)
Check Your Understanding
140(2)
Chapter 6 Review and Activities
142(2)
Computerized Accounting: General Journal Entries
144(1)
Chapter 6 Problems
145(5)
Posting Journal Entries to General Ledger Accounts
150(30)
Exploring the Real World o f Business: King Ranch
The General Ledger
152(5)
A Matter of Ethics: Meeting a Deadline
155(1)
Check Your Understanding
156(1)
The Posting Process
157(9)
Check Your Understanding
164(1)
Accounting Careers in Focus: Accounts Payable Manager
165(1)
Preparing a Trial Balance
166(14)
Check Your Understanding
170(2)
Chapter 7 Review and Activities
172(2)
Computerized Accounting: Posting to the General Ledger
174(1)
Chapter 7 Problems
175(3)
Mini Practice Set: Canyon.com Web Sites
Setting Up Accounting Records for a Sole Proprietorship
178(2)
The Six-Column Work Sheet
180(22)
Exploring the Real World of Business: Washington Metropolitan Area Transit Authority (WMATA)
Preparing the Work Sheet
182(5)
Check Your Understanding
186(1)
Extending Amounts Across the Work Sheet
187(15)
A Matter of Ethics: Padding Expense Accounts
193(1)
Check Your Understanding
194(2)
Chapter 8 Review and Activities
196(2)
Computerized Accounting: The Trial Balance
198(1)
Chapter 8 Problems
199(3)
Financial Statements for a Sole Proprietorship
202(28)
Exploring the Real World of Business: New England Aquarium
The Income Statement
204(6)
Check Your Understanding
209(1)
The Statement of Changes in Owner's Equity
210(6)
A Matter of Ethics: Financial Report or Repair?
213(1)
Check Your Understanding
214(1)
Accounting Careers in Focus: Partner
215(1)
The Balance Sheet
216(14)
Analyzing Financial Reports: Return on Sales
221(1)
Check Your Understanding
222(2)
Chapter 9 Review and Activities
224(2)
Computerized Accounting: Preparing Financial Statements
226(1)
Chapter 9 Problems
227(3)
Completing the Accounting Cycle for a Sole Proprietorship
230(26)
Exploring the Real World of Business: ActionQuest
Preparing Closing Entries
232(11)
A Matter of Ethics: Computer Viruses
241(1)
Check Your Understanding
242(1)
Posting Closing Entries and Preparing a Post-Closing Trial Balance
243(13)
Analyzing Financial Reports: Calculating Return on Owner's Equity
245(1)
Check Your Understanding
246(2)
Chapter 10 Review and Activities
248(2)
Computerized Accounting: Closing the Accounting Period
250(1)
Chapter 10 Problems
251(5)
Cash Control and Banking Activities
256(28)
Exploring the Real World of Business: The Timberland Company
Banking Procedures
258(7)
A Matter of Ethics: Pocketing Differences
263(1)
Check Your Understanding
264(1)
Reconciling the Bank Account
265(19)
Analyzing Financial Reports: Evaluating Working Capital
272(1)
Check Your Understanding
273(1)
Accounting Careers in Focus: Controller
274(2)
Chapter 11 Review and Activities
276(2)
Computerized Accounting: Reconciling the Bank Statement
278(1)
Chapter 11 Problems
279(3)
Mini Practice Set: Fast Track Tutoring Service
Completing the Accounting Cycle for a Sole Proprietorship
282(2)
Unit 3 Accounting for a Payroll System 284(66)
Payroll Accounting
286(28)
Exploring the Real World of Business: Robert Half Int'l Inc.
Calculating Gross Earnings
288(5)
Check Your Understanding
292(1)
Payroll Deductions
293(6)
Analyzing Financial Reports: Analyzing Employee Productivity
297(1)
Check Your Understanding
298(1)
Payroll Records
299(15)
A Matter of Ethics: Payroll Information
303(1)
Check Your Understanding
304(2)
Chapter 12 Review and Activities
306(2)
Computerized Accounting: Preparing the Payroll
308(1)
Chapter 12 Problems
309(5)
Payroll Liabilities and Tax Records
314(36)
Exploring the Real World of Business: Rhino Records
Journalizing and Posting the Payroll
316(6)
A Matter of Ethics: Money Shuffling
320(1)
Check Your Understanding
321(1)
Employer's Payroll Taxes
322(5)
Check Your Understanding
326(1)
Tax Liability Payments and Tax Reports
327(23)
Analyzing Financial Reports: Employee Costs
336(1)
Check Your Understanding
337(1)
Accounting Careers in Focus: Tax Specialist
338(2)
Chapter 13 Review and Activities
340(2)
Computerized Accounting: Recording and Paying Payroll Tax Liabilities
342(1)
Chapter 13 Problems
343(3)
Mini Practice Set: Green Thumb Plant Service
Payroll Accounting
346(4)
Unit 4 The Accounting Cycle for a Merchandising Corporation 350(246)
Accounting for Sales and Cash Receipts
352(34)
Exploring the Real World of Business: Rollerblade, Inc.
Accounting for a Merchandising Business
354(4)
A Matter of Ethics: Confidentiality
356(1)
Check Your Understanding
357(1)
Analyzing Sales Transactions
358(9)
Check Your Understanding
366(1)
Analyzing Cash Receipt Transactions
367(19)
Analyzing Financial Reports: The Founder's Letter
375(1)
Check Your Understanding
376(2)
Chapter 14 Review and Activities
378(2)
Computerized Accounting: Sales and Cash Receipts
380(1)
Chapter 14 Problems
381(5)
Accounting for Purchases and Cash. Payments
386(32)
Exploring the Real World of Business: Levi Strauss & Co.
Purchasing Items Needed by a Business
388(5)
Check Your Understanding
392(1)
Analyzing and Recording Purchases on Account
393(9)
Analyzing Financial Reports: Identifying Corporate Goals
399(1)
Check Your Understanding
400(1)
Accounting Careers in Focus: Credit Analyst
401(1)
Analyzing and Recording Cash Payments
402(16)
A Matter of Ethics: Showing Favoritism
407(1)
Check Your Understanding
408(2)
Chapter 15 Review and Activities
410(2)
Computerized Accounting: Recording Purchases and Cash Payments
412(1)
Chapter 15 Problems
413(5)
Special Journals: Sales and Cash Receipts
418(30)
Exploring the Real World of Business: Sony Corporation (of America)
The Sales Journal
420(9)
A Matter of Ethics: Working for a Competitor
427(1)
Check Your Understanding
428(1)
The Cash Receipts Journal
429(19)
Analyzing Financial Reports: Operating Results
439(1)
Check Your Understanding
440(2)
Chapter 16 Review and Activities
442(2)
Computerized Accounting: Mastering Sales and Cash Receipts
444(1)
Chapter 16 Problems
445(3)
Special Journals: Purchases and Cash Payments
448(34)
Exploring the Real World of Business: PETCO
The Purchases Journal
450(8)
A Matter of Ethics: Insufficient Funds
456(1)
Check Your Understanding
457(1)
The Cash Payments Journal
458(24)
Analyzing Financial Reports: Cost of Sales
470(1)
Check Your Understanding
471(1)
Accounting Careers in Focus: Software Developer
472(2)
Chapter 17 Review and Activities
474(2)
Computerized Accounting: Mastering Purchases and Cash Payments
476(1)
Chapter 17 Problems
477(5)
Adjustments and the Ten-Column Work Sheet
482(32)
Exploring the Real World of Business: Schwinn Bicycle Company
Identifying Accounts To Be Adjusted and Adjusting Merchandise Inventory
484(7)
A Matter of Ethics: Out-of Date Goods
489(1)
Check Your Understanding
490(1)
Adjusting Supplies, Prepaid Insurance, and Federal Corporate Income Tax
491(5)
Check Your Understanding
495(1)
Completing the Work Sheet and Journalizing and Posting the Adjusting Entries
496(18)
Analyzing Financial Reports: The Income Statement: Return on Sales
503(1)
Check Your Understanding
504(2)
Chapter 18 Review and Activities
506(2)
Computerized Accounting: Adjusting Entries
508(1)
Chapter 18 Problems
509(5)
Financial Statements for a Corporation
514(34)
Exploring the Real World of Business: IcePro
The Ownership of a Corporation
516(6)
A Matter of Ethics: Reporting a Mistake
520(1)
Check Your Understanding
521(1)
The Income Statement
522(9)
Check Your Understanding
529(1)
Accounting Careers in Focus: Division Director
530(1)
The Statement of Retained Earnings and the Balance Sheet
531(17)
Analyzing Financial Reports: Evaluating IcePro Stockholders' Equity
535(1)
Check Your Understanding
536(2)
Chapter 19 Review and Activities
538(2)
Computerized Accounting: Preparing Financial Statements
540(1)
Chapter 19 Problems
541(3)
Mini Practice Set: In-Touch Electronics
Recording Business Transactions in Special Journals
544(4)
Completing the Accounting Cycle for a Merchandising Corporation
548(24)
Exploring the Real World of Business: Bose Corporation
Journalizing Closing Entries
550(6)
A Matter of Ethics: Handling Sales Returns
554(1)
Check Your Understanding
555(1)
Posting Closing Entries
556(16)
Analyzing Financial Reports: Classifying the Balance Sheet Assets and Liabilities
561(1)
Check Your Understanding
562(2)
Chapter 20 Review and Activities
564(2)
Computerized Accounting: Closing the Fiscal Year
566(1)
Chapter 20 Problems
567(5)
Accounting for Publicly Held Corporations
572(24)
Exploring the Real World of Business: Microsoft
Publicly Held Corporations
574(5)
Check Your Understanding
578(1)
Distributing the Earnings of a Corporation
579(6)
Analyzing Financial Reports: Calculating Return on Stockholders' Equity
582(1)
Check Your Understanding
583(1)
Accounting Careers in Focus: Accounting Teacher
584(1)
Financial Reporting for the Publicly Held Corporation
585(11)
A Matter of Ethics: Using Insider Information
587(1)
Check Your Understanding
588(2)
Chapter 21 Review and Activities
590(2)
Computerized Accounting: Customizing Financial Statements
592(1)
Chapter 21 Problems
593(3)
Unit 5 Accounting for Special Procedures 596(134)
Cash Funds
598(26)
Exploring the Real World of Business: Outback Steakhouse
The Change Fund
600(5)
A Matter of Ethics: Petty Cash Funds
603(1)
Check Your Understanding
604(1)
The Petty Cash Fund
605(19)
Analyzing Financial Reports: Calculating Price-Earnings Ratios
613(1)
Check Your Understanding
614(2)
Chapter 22 Review and Activities
616(2)
Computerized Accounting: Maintaining Cash Funds
618(1)
Chapter 22 Problems
619(5)
Plant Assets and Depreciation
624(26)
Exploring the Real World of Business: Electronic Arts
Plant Assets and Equipment
626(4)
Analyzing Financial Reports: The Income Statement: Vertical Analysis
628(1)
Check Your Understanding
629(1)
Calculating Depreciation
630(3)
Check Your Understanding
632(1)
Accounting for Depreciation Expense at the End of a Year
633(17)
A Matter of Ethics: Who Will They Believe?
640(1)
Check Your Understanding
641(1)
Accounting Careers in Focus: Controller
642(2)
Chapter 23 Review and Activities
644(2)
Computerized Accounting: Recording Depreciation
646(1)
Chapter 23 Problems
647(3)
Uncollectible Accounts Receivable
650(28)
Exploring the Real World of Business: Bally Total Fitness
The Direct Write-Off Method
652(6)
A Matter of Ethics: Uncollectible Accounts
656(1)
Check Your Understanding
657(1)
The Allowance Method
658(9)
Analyzing Financial Reports: The Balance Sheet
665(1)
Check Your Understanding
666(1)
Estimating Uncollectible Accounts Receivable
667(11)
Check Your Understanding
670(2)
Chapter 24 Review and Activities
672(2)
Computerized Accounting: Writing Off Uncollectible Accounts Receivable
674(1)
Chapter 24 Problems
675(3)
Inventories
678(22)
Exploring the Real World of Business: The Gap
Determining the Quantity of Inventories
680(4)
A Matter of Ethics: Keeping Promotional Items
682(1)
Check Your Understanding
683(1)
Determining the Cost of Inventories
684(6)
Analyzing Financial Reports: Inventories
687(1)
Check Your Understanding
688(1)
Accounting Careers in Focus: Accounts Payable Accounting Assistant
689(1)
Analyzing the Inventory Costing Methods
690(10)
Check Your Understanding
692(2)
Chapter 25 Review and Activities
694(2)
Computerized Accounting: Inventory Costing
696(1)
Chapter 25 Problems
697(3)
Notes Payable and Receivable
700(30)
Exploring the Real World of Business: Carnival Corporation
Promissory Notes
702(6)
A Matter of Ethics: Is the Boss Always Right?
706(1)
Check Your Understanding
707(1)
Notes Payable
708(8)
Analyzing Financial Reports: Evaluating Long-Term Debt
714(1)
Check Your Understanding
715(1)
Notes Receivable
716(14)
Check Your Understanding
718(2)
Chapter 26 Review and Activities
720(2)
Computerized Accounting: Notes Receivable and Payable
722(1)
Chapter 26 Problems
723(3)
Mini Practice Set: Kite Loft Inc.
Completing the Accounting Cycle for a Merchandising Corporation
726(4)
Unit 6 Accounting for Partnerships 730(44)
Introduction to Partnerships
732(20)
Exploring the Real World of Business: Intersal
Partnership Equity
734(5)
A Matter of Ethics: Partner Loyalty
737(1)
Check Your Understanding
738(1)
Division of Income and Loss
739(13)
Analyzing Financial Reports: Analyzing Partners' Equity
743(1)
Check Your Understanding
744(2)
Chapter 27 Review and Activities
746(2)
Computerized Accounting: Starting a New Intersal Company
748(1)
Chapter 27 Problems
749(3)
Financial Statements and Liquidation of a Partnership
752(22)
Exploring the Real World of Business: Plum Creek Timber Co., L.P.
Financial Statements for a Partnership
754(3)
A Matter of Ethics: Using Another Person's Idea
755(1)
Check Your Understanding
756(1)
Liquidation of a Partnership
757(17)
Plum Creek Analyzing Financial Reports: Evaluating Partnership Operating Results
761(1)
Check Your Understanding
762(2)
Chapter 28 Review and Activities
764(2)
Computerized Accounting: Setting Up the General Ledger
766(1)
Chapter 28 Problems
767(3)
Mini Practice Set: Fine Finishes
Completing the Accounting Cycle for a Partnership
770(4)
Appendix A Recording Transactions in the Combination Journal 774(8)
Appendix B The Accrual Basis of Accounting 782(8)
Appendix C Federal Personal Income Tax 790(6)
Appendix D Ben & Jerry's Annual Report 796(10)
Appendix E Additional Reinforcement Problems 806(18)
Appendix F Answers to Check Your Understanding Problems 824(8)
Glossary 832(10)
Index A 842(9)
Index B Real-World Applications and Connections 851


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