Introduction to Accounting: A User Perspective
Prentice Hall, 2000 - Business & Economics - 956 pages
This introduction to accounting and its significant role in making sound business decisions trains readers in becoming wise users, not necessarily preparers of accounting information -- a strong user-based approach that's endorsed and supported by the AECC.
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Economic Decision Making F43
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accounting equation accounting information Accounts Receivable accrual basis Accumulated Depreciation adjustments amount annual report assuming average cost balance sheet bank basis of accounting Beginning Inventory bonds book value borrowing Calculate cash basis cash flows chapter common stock company's Debit Credit debt December 31 depreciation expense depreciation method discount Discussion Questions dividend economic decision makers ended December ending inventory equipment estimated Exhibit Explain FASB FIFO financial statements freight Gap Inc gross profit Harwood income statement income tax interest rate inventory cost investment investors issued January journal entries ledger LIFO loan long-term machine merchandise inventory month net income Notes Payable Operating Expenses Owner's Equity owners paid par value partnership payment perpetual inventory perpetual inventory system preferred stock Prepare proprietorship purchase ratio REQUIRED residual value retained earnings sell September sold statement of cash Total Assets Total Liabilities transactions treasury stock trial balance units