Century 21 Accounting: First-Year Course

by Ross, Kenton E.

• ISBN13: 9780538629522
• ISBN10: 0538629525
• Edition: 6th
• Format: Hardcover
• Copyright: 1994-05-23
• Publisher: Cengage Learning

Summary

This text thoroughly prepares your first-year accounting students for the future. It exposes them to the entire accounting cycle, and a variety of business situations. It is the only text that covers the COMPLETE accounting cycle for all three major business organizations: sole proprietorships, partnerships, and corporations. This text is commonly referred to as "the blue book", and it uses the traditional multicolumn journal method to teach accounting concepts.

Table of Contents

PART 1 Accounting as a Career
Accounting Careers: Communication and Ethics in the Workplace	4	(15)
PART 2 Accounting for a Service Business Organized as a Proprietorship
Starting a Proprietorship	19	(17)
Starting a Proprietorship: Changes That Affect Owner's Equity	36	(16)
Analyzing Transactions into Debit and Credit Parts	52	(20)
Journalizing Transactions	72	(26)
Posting to a General Ledger	98	(36)
Using Microcomputers Safety and Health Considerations	122	(1)
Integrating Automated Accounting---Topic 1 Recording Transactions for a Proprietorship	123	(11)
Cash Control Systems	134	(36)
Integrating Automated Accounting---Topic 2 Automated Cash Control Systems	160	(7)
Reinforcement Activity 1A An Accounting Cycle for a Proprietorship: Journalizing and Posting Transactions	167	(3)
Work Sheet for a Service Business	170	(22)
Financial Statements for a Proprietorship	192	(18)
Recording Adjusting and Closing Entries for a Service Business	210	(35)
Integrating Automated Accounting---Topic 3 End-of-Fiscal-Period Work for a Proprietorship	232	(8)
Reinforcement Activity 1B An Accounting Cycle for a Proprietorship: End-of-Fiscal-Period Work	240	(1)
A Business Simulation Video Transfer	241	(4)
PART 3 Accounting for a Merchandising Business Organized as a Partnership
Journalizing Purchases and Cash Payments	245	(21)
Journalizing Sales and Cash Receipts	266	(18)
Posting to General and Subsidiary Ledgers	284	(42)
Integrating Automated Accounting---Topic 4 Recording Transactions for a Partnership	309	(17)
Preparing Payroll Records	326	(24)
Payroll Accounting, Taxes, and Reports	350	(36)
Integrating Automated Accounting---Topic 5 Recording Payroll Transactions	374	(7)
Reinforcement Activity 2A An Accounting Cycle for a Partnership: Journalizing and Posting Transactions	381	(4)
A Business Simulation Stellar Attractions Pegboard Payroll	385	(1)
Work Sheet for a Merchandising Business	386	(24)
Financial Statements for a Partnership	410	(24)
Recording Adjusting and Closing Entries for a Partnership	434	(37)
Integrating Automated Accounting---Topic 6 End-of-Fiscal-Period Work for a Partnership	458	(8)
Reinforcement Activity 2B An Accounting Cycle for a Partnership: End-of-Fiscal-Period Work	466	(1)
A Business Simulation Viking Marine	467	(4)
PART 4 Accounting for a Merchandising Business Organized as a Corporation
Recording Purchases and Cash Payments Using Special Journals	471	(47)
Integrating Automated Accounting---Topic 7 Recording Purchases and Cash Payments for a Corporation	507	(11)
Recording Sales and Cash Receipts Using Special Journals	518	(50)
Integrating Automated Accounting---Topic 8 Recording Sales and Cash Receipts for a Corporation	554	(9)
Reinforcement Activity 3A An Accounting Cycle for a Corporation: Journalizing and Posting Transactions	563	(5)
Accounting for Uncollectible Accounts Receivable	568	(18)
Accounting for Plant Assets and Depreciation	586	(38)
Integrating Automated Accounting---Topic 9 Automated Accounting for Depreciation	619	(5)
Accounting for Inventory	624	(18)
Accounting for Notes and Interest	642	(22)
Accounting for Accrued Revenue and Expenses	664	(20)
Distributing Dividends and Preparing a Work Sheet for a Corporation	684	(18)
Financial Statements and End-of-Fiscal-Period Entries for a Corporation	702	(48)
Integrating Automated Accounting---Topic 10 End-of-Fiscal-Period Work for a Corporation	737	(8)
Reinforcement Activity 3B An Accounting Cycle for a Corporation: End-of-Fiscal-Period Work	745	(2)
A Business Simulation Western Rider, Inc.	747	(3)
PART 5 The Legal Environment of Business
Forming and Dissolving Business Organizations	750
Appendix A Accounting Concepts	A-1
Appendix B Using a Calculator and Computer Keypad	B-1
Appendix C Recycling Problems	C-1
Appendix D Answers to Audit Your Understanding	D-1
Glossary	G-1
Index	I-1