Introduction to Financial AccountingFor one-term courses in financial accounting, this work offers real-world theory, terminology and procedures. |
Contents
The Language of Business | 12 |
Measuring Accrual Income to Assess Performance | 40 |
Recording Transactions | 80 |
Copyright | |
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Other editions - View all
Introduction to Financial Accounting Charles T. Horngren,Gary L. Sundem,John A. Elliott Snippet view - 1999 |
Introduction to Financial Accounting Charles T. Horngren,Gary L. Sundem,John A. Elliott Snippet view - 1999 |
Common terms and phrases
Accounts payable accounts receivable accrual Accrued Accumulated depreciation adjusting entries adjustments amortization amount annual report Assume average bad debts balance sheet equation bank Biwheels Company bonds book value cash dividends cash flows cash provided common stock company's Compute consolidated corporation cost current assets current liabilities customers debit December 31 decrease depreciation expense dollars effect employees ending inventory equity example Exhibit Explain FIFO financial statements gross profit gross profit percentage income statement income taxes increase Interest expense interest rate investment investors issued January journal entries lease ledger LIFO long-term debt Merchandise inventory method million net income Note payable open account operating activities owners paid payment period preferred stock Prepaid rent provided by operating purchase recorded Rent expense Required Required retained earnings retained income selling shareholders sold statement of cash stockholders Store Equipment Suppose T-accounts total assets transactions treasury stock trial balance units