TITLE : FINANCIAL ACCOUNTING.

 
Contents
 
Part One
 
The Accounting Model 1
 
1 What Is Accounting? 2
2 Gathering and-Recording Business Transaction Information 48
3 End-of-Period Adjusting Entries 118
 
4 Completion of the Accounting Cycle 168
4A The Accounting Cycle for a Corporation 193
 
5 Accounting for a Merehandising Business 240
5A Inventory Changes Treated as Adjusting Entries 265
 
 
Part Two
 
Accounting Systems 291
 
6 Special Journals and Accounting Systems 292
6A Use of Computers in Accounting 314
 
7 Internal Control and Cash Transactions 350
 
 
Part Three
 
Income Measurement 399
 
8 Accounts Receivable and Bad Debts Expense 400
9 Short-Term Financing 440
10 Inventories and Cost of floods Sold 478
11 Long-Lived Assets 520
 
 
Part Four
 
Reporting Issues and Organizational Forms 567
 
12 Financial Reporting Issues 568
13 Partnerships and Corporations: Organizational Issues 616
14 Corporations: Retained Earnings, Dividends, Treasury Stock, and
Earnings per Share 676
15 Long-Term Financing 728
 
16 Intereompany Relationships and International Accounting 794
16A Valuation of Investments in Marketable Equity Securities at Lower
    of Cost or Market 815
16B International Accounting 820
 
17 Statement of Cash Flows 852
17A Illustration Using Work Sheet Method 885
 
18 Analysis and Interpretation of Financial Statements 926
 
Part Five
 
Appendixes 981
 
A Federal Income Taxes 982
 
B Understanding Published Annual Financial Reports 1004
 
C Application of Compound Interest and Tables 1032
 
D Payroll System 1058