Introduction to Financial Accounting, Volume 1"Introductory Financial Accounting, 9e" provides a unique and perfect blend of robust financial statement analysis with early statement of cash flows coverage. It is directed at those who will analyze real financial statements, and make business decisions based upon that analysis. Real statements are used throughout (Starbucks). Statement of Cash Flows comes earlier in this book than most. Material is focused on analysis of financial statements -- ratios introduced early and often, special " Portfolio" section provides a " road map" to financial statement analysis, and special section in end-of-chapter problems focuses on analyzing financial statements (using Starbucks financial statements). Features strong coverage of statement of cash flows (Ch 5) --an essential financial statement, one of growing importance, and should be regarded as a basic statement. For financial accountants. |
Contents
PART THREE Additional Elements of Financial Statements | 12 |
JOURNALS AND LEDGERS | 81 |
Additional Transactions | 89 |
Copyright | |
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Other editions - View all
Introduction to Financial Accounting, Volume 1 Charles T. Horngren,Gary L. Sundem No preview available - 1990 |
Common terms and phrases
Accounts payable Accounts receivable accrual basis Accrued income taxes Accrued wages payable Accumulated depreciation acquired adjusting entries Alternates amortization amount analysis annual report ASSETS LIABILITIES ASSIGNMENT MATERIAL Assume balance sheet equation bank bonds Cash discounts cash dividends chapter columns common stock Compute corporation cost current liabilities customers Debit Credit December 31 decreased Depreciation expense disbursements Dividends Declared dollars effects ending inventory entity example Exhibit Explain FIFO financial statements gross profit income statement Income Summary Income tax expense income taxes payable increased Interest expense Interest revenue January 31 lease ledger LIFO Merchandise inventory million net income Note payable open account owner's equity owners paid payment Post Prepaid rent ratio recognized record Rent expense Required Retained earnings Retained Income returns and allowances revenue and expense shareholders shares sold stockholders store equipment Suppose T-accounts transactions trial balance unadjusted trial balance Wages expense