Pearson Prentice Hall, 2008 - Business & Economics - 810 pages
This text is for introductory courses in financial accounting taught from a more traditional 'preparer' approach. In the first three chapters is integrated a specialy designed accounting cycle tutorial programme, and the aim throughout is to aid students' retention and success.
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Accounts Payable Accounts Receivable Accrued activities adjustment amortization amount answer assets Assume balance sheet bank beginning building called capital cash flows Chapter collect common stock company's Compute Corporation cost current assets current liabilities current ratio customers debit debt ratio December 31 decrease depreciation dividends effect employees entry equipment equity example Exhibit expense financial statements gain Genie income statement income tax increase interest interest expense internal inventory investment issued January journal land Learning Objective liabilities long-term loss measure method million month net income note payable operating paid payments period plant assets preferred Prepaid Prepare profit purchase ratio record Rent Required Retained Earnings Salary Expense sell Service Revenue shares shows sold statement of cash stockholders Supplies T-accounts transactions trial balance units writing