College Accounting: A Practical Approach Chapters 1 to 15

by Slater, Jeffrey

• ISBN13: 9780130911308
• ISBN10: 0130911305
• Edition: 8th
• Format: Paperback
• Copyright: 2001-05-01
• Publisher: Pearson College Div

Summary

This text/workbook is part of the Slater, College Accounting, 8/e package. Backed by Jeffrey Slater's 31+ years' teaching experience, College Accounting returns once again in this updated and improved Eighth Edition. This revision retains the renowned Slater approach-presenting material in small, manageable units followed by immediate feedback and includes great features ( The Continuing Problem and Dunkin' Donuts boxes) and new enhancements: new computerized accounting workshops with Peachtree, new Chapter opening boxes, free on-line study guide, new on-line course, and new technology supplements. Slater is the ONLY college accounting text to cover perpetual inventory

Table of Contents

Accounting Concepts and Procedures	3	(34)
Debits and Credits	37	(33)
Beginning the Accounting Cycle	70	(44)
The Accounting Cycle Continued	114	(41)
The Accounting Cycle Completed	155	(50)
Banking Procedures and Control of Cash	205	(32)
Payroll Concepts and Procedures	237	(33)
The Employer's Tax Responsibilities	270	(49)
Special Journals: Sales and Cash Receipts New: Appendix, Introduction to a Merchandise Company Using A General Journal for a Perpetual Inventory System	319	(46)
Special Journals: Purchases and Cash Payments New: Appendix, What Special Journals Would Look Like in A Perpetual Accounting System	365	(50)
The Combined Journal	415	(26)
Preparing a Worksheet for a Merchandise Company New: Appendix, What a Worksheet Looks Like in a Perpetual Accounting System	441	(32)
Completion of the Accounting Cycle for a Merchandise Company	473	(46)
Accounting for Bad Debits	519	(22)
Notes Receivable and Notes Payable	541
Appendix A: How Companies Record Credit Card Sales in Their Special Journals	1	(1)
Appendix B: Computerized Accounting	1	(1)
Index	1	(498)
PART I PRELIMINARIES
What Is Economics?	1	(19)
Scarcity, Choice, and Economic Systems	20	(26)
Supply and Demand	46	(35)
Working with Supply and Demand	81	(38)
PART II MICROECONOMIC DECISION MAKERS
Consumer Choice	119	(35)
Production and Cost	154	(35)
How Firms Make Decisions: Profit Maximization	189	(28)
PART III PRODUCT MARKETS
Perfect Competition	217	(32)
Monopoly	249	(29)
Monopolistic Competition and Oligopoly	278	(31)
PART IV LABOR, CAPITAL, AND FINANCIAL MARKETS
The Labor Market	309	(38)
Income Inequality	347	(31)
Capital and Financial Markets	378	(34)
PART V EFFICIENCY, GOVERNMENT, AND THE GLOBAL ECONOMY
Economic Efficiency and the Competitive Ideal	412	(29)
Government's Role in Economic Efficiency	441	(35)
Comparative Advantage and the Gains from Trade	476	(23)
Using All the Theory The Microeconomics of Domestic Security	499

Excerpts

E-Business via the internet is expanding quickly today. Today's accounting students are learning the skills that will help them succeed in business and technology. The eighth edition ofCollege Accounting: A Practical Approachby Jeffrey Slater helps students integrate these skills by infusing the tried-and-true Slater system with real-world applications. Each chapter begins with an E-Business application that introduces students to Internet activities and accounting. A "Continuing Problem" at the end of each chapter lets students apply their skills to a practical case. Throughout the book, students read about real accounting applications in twelve Dunkin' Donuts boxes that feature both local franchise operations and corporate support functions. And students are taught computer accounting skills usingPeachtree. Supplements for QuickbooksandSimply Accountingare also available. THE REAL WORLD Whether students will keep the books for their own small business or function within a corporation, developing an understanding of how accounting procedures are applied in a business setting is crucial to their success. That is why the eighth edition ofCollege Accounting: A Practical Approachnow brings the real world to the classroom through the followingNEW features. NEW CHAPTER OPENERS To help prepare accounting students in real world applications. This new feature applies accounting theory and procedures to Internet activities. Based on interviews with members of the accounting department at Dunkin' Donuts corporate headquarters, thirteen boxes have been specially crafted to illustrate how accounting procedures are used at both franchise stores and corporate headquarters. By reading about how useful the worksheet is to a shop owner throughout the year (Chapter 4), or how new IBM point-of-sale terminals help store owners generate more accurate Cash Summaries (Chapter 6), students will see how the skills they learn in class are applied by this well-known company. The Computer Workshops following Chapters 3, 4, 5, 8, 10, 13 and 16 have been updated for Peachtree Complete 8.0. This commercial software package is used by small- to medium-sized businesses to keep their books and the Computer Workshops teach students to set up the manual systems they learn in the book in a computerized format. Many businesses use computers in some way to manage their accounting records, so students that possess computer skills are a very valuable asset! SIMPLY ACCOUNTING "Getting Started with Simply Accounting Release 8.0" guidebook may be shrink-wrapped with new copies of any Slater textFREEof charge. Simply Accounting Software release 8.0 may be shrink-wrapped with new copies of any Slater text for a nominal cost. QUICK BOOKS "Getting Started with OuickBooks Pro 2001" guidebook may be shrink-wrapped with new copies of any Slater textFREEof charge. E-NOTES FROM JEEP SLATER To keep your class as current as possible, Jeff Slater will e-mail articles and insights on e-Business to adopting faculty approximately every 4-6 weeks per semester. Interested faculty will be invited to share their insights as well so that a variety of perspectives can be used to enrich the student's learning environment. THE SLATER SYSTEM Jeffrey Slater developed his renowned teaching system through 30 years of classroom experience. Broad goals are presented at the start of each chapter. Students are then presented with material in small, manageable units followed by immediate self-checks and feedback. Each chapter is limited to a small number of units, so students review and apply concepts before they move on. NEW!ON-LINE COURSE Our FREE on-line course includes: On-Line Testing Course Management, Page Tracking, & Gradebook Communication (Bulletin Board, Cha