Table of Contents
Table of Contents for the Student Edition
Preface
Chapter 1 Accounting and Business 1
1.1 What Is Accounting?
1.2 Why Study Accounting?
1.3 Characteristics of Business
1.4 The Nature of Accounting
1.5 Becoming a Professional Accountant
1.6 Roles of Accounting
1.7 How Accountants Use Computer Technology
Chapter 2 The Balance Sheet 17
2.1 Financial Position
2.2 The Balance Sheet
2.3 Claims against the Assets
2.4 Accounting Standards
2.5 A Spreadsheet for Balance Sheets
Chapter 3 Analyzing Changes in Financial Position
3.1 Business Transactions
3.2 Equation Analysis Sheet
3.3 A Spreadsheet for Transaction Analysis
Chapter 4 The Simple Ledger
4.1 Ledger Accounts
4.2 Debit and Credit Theory
4.3 Account Balances and Terminology
4.4 Trial Balance
4.5 A Spreadsheet for Ledger Accounts and the Trial Balance
Chapter 5 The Expanded Ledger: Revenue, Expenses, and Drawings
5.1 The Expanded Ledger and Income Statement
5.2 Equity Transactions and Accounting Principles
5.3 Equity Relationships and the Balance Sheet
5.4 A Spreadsheet for the Expanded Ledger
Chapter 6 The Journal and Source Documents
6.1 The Journal
6.2 Source Documents
6.3 Sales Taxes
6.4 Building a Spreadsheet Model for Sales Tax Decisions
Chapter 7 Posting
7.1 Posting
7.2 Overcoming Errors
7.3 Comparing Accounting Software Programs to Manual Accounting
Chapter 8 Completing the Accounting Cycle
8.1 The Adjustment Process
8.2 Adjusting Entries and the Worksheet
8.3 Preparing for New Fiscal Years
8.4 Adjusting for Depreciation
8.5 A Spreadsheet for Worksheets
Chapter 9 Accounting for Cash
9.1 Accounting for Cash Receipts
9.2 Accounting for Cash Payments
9.3 Accounting Controls for Cash
9.4 The Cash Flow Statement
9.5 A Spreadsheet Model for Cash Flow
Chapter 10 Accounting for a Merchandising Business
10.1 The Merchandising Business
10.2 Accounting Procedures for a Merchandising Business
10.3 Worksheet for a Merchandising Business
10.4 Merchandise Returns and Allowances
10.5 Sales Discounts
10.6 A Spreadsheet for Pricing Goods
10.7 Perpetual Inventory
10.8 Manufacturing Businesses–A Comparison
Chapter 11 Modifying Accounting Systems
11.1 Subsidiary Ledger Systems
11.2 The Synoptic Journal and Five-Journal Systems
11.3 Case Application: Modifying Accounting Systems
11.4 Subsidiary Ledgers and Accounting Software
Chapter 12 Business Organizations and Decision-Making
12.1 Partnerships
12.2 Corporations
12.3 Ratio and Percentage Analysis for Corporations
12.4 Partnership Accounting Using Spreadsheets
12.5 Budgeting with Software
Payroll Accounting
Summary Exercises
1. With Strings Attached (Part 3)—Inventory Applications
2. With Strings Attached (Part 4)—Division Accounting Applications
3. Travel Trailers
Glossary
Accounting Terms
Computer Terms
Index
Credits