Essentials of Accounting
This self-paced introduction to financial accounting presents the ideas and terminology essential to an understanding of balance sheets, income statements, and statements of cash flows. This engaging text is aimed at the active user of business data. "Essentials of Accounting" requires readers to solve accounting problems, based on the author's belief that this is the most effective way to understand the meaning and use of accounting information.
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More About the Balance Sheet
Balance Sheet Changes
Accounting Records and Systems
4 other sections not shown
accounting period Accounts payable Accounts Receivable activities additional amount Answers Assets Liabilities balance sheet bank beginning bonds Calculate called cash flow claims common Company Company's Complete concept corporation cost of sales current assets current liabilities debit debt December 31 decrease delivered depreciation expense described difference dividends effect entity equal equity estimated example Exhibit expenditure Frame Glendale Market higher income statement income tax increase interest inventory investing January journal entry June less lower March market value material means measure method noncurrent NOTE operations paid Paid-in capital payable period permanent capital points Post Test prepared profit purchased ratio reasonably recognized recorded rent reported result Retained Earnings sales revenue shareholders shares shows side sold sources subtracted term Total transaction types units usually Write