| Preface |
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iv | |
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Chapter 1 Accounting: The Language of Business |
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1 | (22) |
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Section 1 What Is Accounting? |
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2 | (6) |
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The Need for Financial Information |
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2 | (1) |
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2 | (1) |
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3 | (2) |
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Users of Financial Information |
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5 | (3) |
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8 | (2) |
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Section 2 Business and Accounting |
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10 | (4) |
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Types of Business Entities |
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10 | (2) |
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Generally Accepted Accounting Principles |
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12 | (2) |
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14 | (9) |
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Chapter Review and Applications |
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16 | (1) |
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16 | (1) |
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16 | (1) |
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17 | (1) |
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Comprehensive Self Review |
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18 | (1) |
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18 | (1) |
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19 | (1) |
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20 | (1) |
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Answers to Comprehensive Self Review |
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21 | (2) |
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Chapter 2 Analyzing Business Transactions |
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23 | (32) |
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Section 1 Property and Financial Interest |
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24 | (6) |
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24 | (5) |
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Assets, Liabilities, and Owner's Equity |
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29 | (1) |
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30 | (1) |
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Section 2 The Accounting Equation and Financial Statements |
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31 | (9) |
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The Fundamental Accounting Equation |
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31 | (5) |
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36 | (1) |
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The Statement of Owner's Equity and the Balance Sheet |
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37 | (3) |
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The Importance of Financial Statements |
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40 | (1) |
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40 | (15) |
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Chapter Review and Applications |
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42 | (1) |
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42 | (1) |
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42 | (1) |
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43 | (1) |
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Comprehensive Self Review |
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43 | (1) |
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43 | (1) |
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44 | (3) |
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47 | (5) |
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52 | (1) |
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Answers to Comprehensive Self Review |
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53 | (2) |
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Chapter 3 Analyzing Business Transactions Using T Accounts |
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55 | (36) |
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Section 1 Transactions That Affect Assets, Liabilities, and Owner's Equity |
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56 | (8) |
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Asset, Liability, and Owner's Equity Accounts |
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56 | (6) |
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62 | (2) |
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64 | (1) |
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Section 2 Transactions That Affect Revenue, Expenses, and Withdrawals |
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65 | (10) |
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Revenue and Expense Accounts |
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65 | (4) |
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69 | (1) |
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The Rules of Debit and Credit |
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70 | (2) |
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72 | (1) |
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73 | (1) |
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73 | (1) |
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Permanent and Temporary Accounts |
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74 | (1) |
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75 | (16) |
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Chapter Review and Applications |
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77 | (1) |
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77 | (1) |
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77 | (1) |
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77 | (1) |
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Comprehensive Self Review |
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78 | (1) |
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78 | (1) |
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79 | (2) |
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81 | (7) |
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88 | (1) |
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Answers to Comprehensive Self Review |
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89 | (2) |
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Chapter 4 The General Journal and the General Ledger |
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91 | (34) |
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Section 1 The General Journal |
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92 | (8) |
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92 | (1) |
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92 | (8) |
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100 | (1) |
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Section 2 The General Ledger |
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101 | (5) |
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101 | (4) |
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Correcting Journal and Ledger Errors |
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105 | (1) |
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106 | (19) |
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Chapter Review and Applications |
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108 | (1) |
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108 | (1) |
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108 | (1) |
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109 | (1) |
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Comprehensive Self Review |
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109 | (1) |
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109 | (1) |
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110 | (2) |
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112 | (10) |
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122 | (1) |
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Answers to Comprehensive Self Review |
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123 | (2) |
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Chapter 5 Adjustments and the Worksheet |
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125 | (40) |
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126 | (6) |
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The Trial Balance Section |
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126 | (1) |
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127 | (5) |
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132 | (1) |
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Section 2 Financial Statements |
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133 | (16) |
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The Adjusted Trial Balance Section |
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133 | (1) |
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The Income Statement and Balance Sheet Sections |
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134 | (2) |
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Preparing Financial Statements |
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136 | (10) |
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Summary of Financial Statements |
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146 | (1) |
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Journalizing and Posting Adjusting Entries |
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147 | (2) |
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149 | (16) |
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Chapter Review and Applications |
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150 | (1) |
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150 | (1) |
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150 | (1) |
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151 | (1) |
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Comprehensive Self Review |
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151 | (1) |
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151 | (1) |
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152 | (2) |
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154 | |
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152 | (1) |
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Answers to Comprehensive Self Review |
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153 | (12) |
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Chapter 6 Closing Entries and the Postclosing Trial Balance |
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165 | (1) |
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Section 1 Closing Entries |
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166 | (8) |
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166 | (8) |
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174 | (1) |
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Section 2 Using Accounting Information |
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175 | (5) |
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Preparing the Postclosing Trial Balance |
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175 | (1) |
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Interpreting the Financial Statements |
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176 | (2) |
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178 | (2) |
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180 | (15) |
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Chapter Review and Applications |
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181 | (1) |
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181 | (1) |
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181 | (1) |
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182 | (1) |
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Comprehensive Self Review |
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182 | (1) |
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182 | (1) |
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182 | (3) |
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185 | (8) |
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193 | (1) |
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Answers to Comprehensive Self Review |
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194 | (1) |
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Mini-Practice Set 1 Service Business Accounting Cycle |
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195 | (2) |
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Eli's Consulting Services |
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195 | (2) |
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Chapter 7 Accounting for Sales and Accounts Receivable |
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197 | (46) |
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Section 1 Merchandise Sales |
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198 | (6) |
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Special Journals and Subsidiary Ledgers |
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198 | (1) |
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199 | (5) |
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204 | (1) |
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Section 2 Accounts Receivable |
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205 | (7) |
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The Accounts Receivable Ledger |
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205 | (1) |
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Sales Returns and Allowances |
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206 | (5) |
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Schedule of Accounts Receivable |
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211 | (1) |
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212 | (2) |
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Section 3 Special Topics in Merchandising |
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214 | (10) |
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Credit Sales for a Wholesale Business |
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214 | (2) |
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216 | (4) |
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220 | (4) |
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224 | (19) |
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Chapter Review and Applications |
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225 | (1) |
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225 | (1) |
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225 | (1) |
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225 | (1) |
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Comprehensive Self Review |
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226 | (1) |
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227 | (1) |
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227 | (4) |
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231 | (9) |
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240 | (1) |
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Answers to Comprehensive Self Review |
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241 | (2) |
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Chapter 8 Accounting for Purchases and Accounts Payable |
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243 | (36) |
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Section 1 Merchandise Purchases |
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244 | (6) |
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244 | (6) |
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250 | (2) |
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Section 2 Accounts Payable |
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252 | (7) |
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The Accounts Payable Ledger |
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252 | (1) |
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Purchases Returns and Allowances |
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253 | (2) |
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Schedule of Accounts Payable |
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255 | (2) |
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Determining the Cost of Purchases |
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257 | (1) |
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Internal Control of Purchases |
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258 | (1) |
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259 | (20) |
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Chapter Review and Applications |
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261 | (1) |
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261 | (1) |
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261 | (1) |
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261 | (1) |
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Comprehensive Self Review |
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262 | (1) |
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262 | (1) |
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263 | (2) |
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265 | (10) |
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275 | (2) |
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Answers to Comprehensive Self Review |
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277 | (2) |
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Chapter 9 Cash Receipts, Cash Payments, and Banking Procedures |
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279 | (70) |
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280 | (6) |
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280 | (1) |
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The Cash Receipts Journal |
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280 | (6) |
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286 | (1) |
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287 | (9) |
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The Cash Payments Journal |
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287 | (6) |
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293 | (2) |
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Internal Control over Cash |
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295 | (1) |
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296 | (2) |
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Section 3 Banking Procedures |
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298 | (10) |
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298 | (1) |
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299 | (1) |
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Preparing the Deposit Slip |
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299 | (1) |
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Handling Postdated Checks |
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300 | (1) |
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Reconciling the Bank Statement |
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301 | (3) |
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Adjusting the Financial Records |
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304 | (2) |
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Internal Control of Banking Activities |
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306 | (1) |
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307 | (1) |
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308 | (2) |
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Appendix to
Chapter 9 The Perpetual Inventory System |
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310 | (39) |
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Chapter Review and Applications |
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318 | (1) |
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318 | (1) |
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318 | (1) |
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319 | (1) |
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Comprehensive Self Review |
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320 | (1) |
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320 | (1) |
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321 | (5) |
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326 | (20) |
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346 | (2) |
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Answers to Comprehensive Self Review |
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348 | (1) |
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Chapter 10 Payroll Computations, Records, and Payment |
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349 | (36) |
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Section 1 Payroll Laws and Taxes |
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350 | (4) |
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350 | (1) |
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Federal Employee Earnings and Withholding Laws |
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350 | (2) |
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352 | (1) |
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Employer's Payroll Taxes and Insurance Costs |
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352 | (1) |
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Employee Records Required by Law |
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353 | (1) |
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354 | (1) |
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Section 2 Calculating Earnings and Taxes |
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355 | (9) |
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Computing Total Earnings of Employees |
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355 | (1) |
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Determining Pay for Hourly Employees |
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356 | (6) |
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Determining Pay for Salaried Employees |
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362 | (1) |
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Recording Payroll Information for Employees |
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362 | (2) |
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364 | (1) |
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Section 3 Recording Payroll Information |
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365 | (6) |
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365 | (1) |
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366 | (2) |
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Individual Earnings Records |
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368 | (1) |
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Completing January Payrolls |
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369 | (2) |
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371 | (14) |
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Chapter Review and Applications |
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372 | (1) |
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372 | (1) |
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372 | (1) |
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372 | (1) |
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Comprehensive Self Review |
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373 | (1) |
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373 | (1) |
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374 | (2) |
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376 | (6) |
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382 | (1) |
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Answers to Comprehensive Self Review |
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383 | (2) |
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Chapter 11 Payroll Taxes, Deposits, and Reports |
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385 | (34) |
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Section 1 Social Security, Medicare, and Employee Income Tax |
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386 | (10) |
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386 | (8) |
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Wage and Tax Statement, Form W-2 |
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394 | (1) |
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Annual Transmittal of Wage and Tax Statements, Form W-3 |
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395 | (1) |
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396 | (1) |
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Section 2 Unemployment Tax and Workers' Compensation |
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397 | (8) |
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Unemployment Compensation Insurance Taxes |
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397 | (7) |
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Internal Control over Payroll Operations |
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404 | (1) |
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405 | (14) |
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Chapter Review and Applications |
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406 | (1) |
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406 | (1) |
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406 | (1) |
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407 | (1) |
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Comprehensive Self Review |
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407 | (1) |
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407 | (1) |
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408 | (1) |
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409 | (8) |
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417 | (1) |
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Answers to Comprehensive Self Review |
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418 | (1) |
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Chapter 12 Accruals, Deferrals, and the Worksheet |
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419 | (40) |
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Section 1 Calculating and Recording Adjustments |
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420 | (10) |
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The Accrual Basis of Accounting |
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420 | (1) |
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Using the Worksheet to Record Adjustments |
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421 | (9) |
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430 | (1) |
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Section 2 Completing the Worksheet |
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431 | (5) |
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Preparing the Adjusted Trial Balance Section |
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431 | (3) |
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Preparing Income Statement and Balance Sheet Sections |
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434 | (1) |
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Calculating Net Income or Net Loss |
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434 | (2) |
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436 | (23) |
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Chapter Review and Applications |
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437 | (1) |
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437 | (1) |
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437 | (1) |
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437 | (1) |
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Comprehensive Self Review |
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438 | (1) |
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438 | (1) |
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439 | (1) |
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440 | (16) |
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456 | (1) |
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Answers to Comprehensive Self Review |
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457 | (2) |
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Chapter 13 Financial Statements and Closing Procedure |
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459 | (52) |
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Section 1 Preparing the Financial Statements |
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460 | (5) |
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The Classified Income Statement |
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460 | (3) |
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The Statement of Owner's Equity |
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463 | (1) |
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The Classified Balance Sheet |
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463 | (2) |
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465 | (2) |
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Section 2 Completing the Accounting Cycle |
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467 | (14) |
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Journalizing and Posting the Adjusting Entries |
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467 | (3) |
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Journalizing and Posting the Closing Entries |
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470 | (2) |
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Preparing a Postclosing Trial Balance |
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472 | (1) |
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Interpreting the Financial Statements |
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473 | (2) |
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Journalizing and Posting Reversing Entries |
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475 | (4) |
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Review of the Accounting Cycle |
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479 | (2) |
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481 | (25) |
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Chapter Review and Applications |
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483 | (1) |
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483 | (1) |
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483 | (1) |
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483 | (1) |
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Comprehensive Self Review |
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484 | (1) |
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485 | (1) |
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486 | (7) |
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493 | (11) |
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504 | (1) |
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Answers to Comprehensive Self Review |
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505 | (1) |
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Mini-Practice Set 2 Merchandising Business Accounting Cycle |
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506 | (5) |
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506 | (5) |
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Chapter 14 Accounting Principles and Reporting Standards |
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511 | (34) |
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Section 1 Generally Accepted Accounting Principles |
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512 | (5) |
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The Need for Generally Accepted Accounting Principles |
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512 | (1) |
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The Development of Generally Accepted Accounting Principles |
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512 | (4) |
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Users and Uses of Financial Reports |
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516 | (1) |
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517 | (1) |
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Section 2 The IASB's Conceptual Framework of Accounting |
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518 | (9) |
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Qualitative Characteristics of Financial Reports |
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519 | (2) |
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521 | (1) |
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522 | (3) |
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525 | (1) |
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The Impact of Generally Accepted Accounting Principles |
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526 | (1) |
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527 | (18) |
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Chapter Review and Applications |
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529 | (1) |
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529 | (1) |
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529 | (1) |
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530 | (1) |
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Comprehensive Self Review |
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531 | (1) |
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531 | (1) |
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532 | (1) |
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533 | (10) |
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543 | (1) |
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Answers to Comprehensive Self Review |
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543 | (2) |
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Chapter 15 Accounts Receivable and Uncollectible Accounts |
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545 | (30) |
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Section 1 The Allowance Method of Accounting for Uncollectible Accounts |
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546 | (8) |
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Methods of Accounting for Uncollectible Accounts |
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547 | (1) |
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Applying the Allowance Method |
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547 | (7) |
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554 | (2) |
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Section 2 Applying the Direct Charge-Off Method; Internal Control of Accounts Receivable |
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556 | (3) |
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Recording Uncollectible Accounts When the Direct Charge-Off Method Is Used |
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556 | (1) |
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Collecting an Account Previously Written Off When the Direct Charge-Off Method Is Used |
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557 | (1) |
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Accounting for Other Receivables and Bad Debt Losses |
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558 | (1) |
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Internal Control of Accounts Receivable |
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559 | (1) |
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559 | (16) |
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Chapter Review and Applications |
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561 | (1) |
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561 | (1) |
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561 | (1) |
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562 | (1) |
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Comprehensive Self Review |
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562 | (1) |
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562 | (1) |
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563 | (2) |
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565 | (7) |
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572 | (1) |
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Answers to Comprehensive Self Review |
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573 | (2) |
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Chapter 16 Notes Payable and Notes Receivable |
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575 | (24) |
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Section 1 Accounting for Notes Payable |
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576 | (5) |
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576 | (1) |
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577 | (4) |
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581 | (1) |
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Section 2 Accounting for Notes Receivable |
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582 | (8) |
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582 | (6) |
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588 | (1) |
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Internal Control of Notes Payable, Notes Receivable, and Drafts |
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589 | (1) |
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590 | (9) |
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Chapter Review and Applications |
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591 | (1) |
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591 | (1) |
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591 | (1) |
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592 | (1) |
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Comprehensive Self Review |
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592 | (1) |
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592 | (1) |
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593 | (1) |
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594 | (3) |
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597 | (1) |
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Answers to Comprehensive Self Review |
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598 | (1) |
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Chapter 17 Merchandise Inventory |
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599 | (24) |
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Section 1 Inventory Costing Methods |
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600 | (4) |
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Importance of Inventory Valuation |
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600 | (1) |
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Assigning Costs to Inventory |
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601 | (2) |
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Comparing Results of Inventory Costing Methods |
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603 | (1) |
|
|
|
604 | (1) |
|
|
|
604 | (1) |
|
Section 2 Inventory Valuation and Control |
|
|
605 | (6) |
|
Lower of Cost or Net Realizable Value Rule |
|
|
605 | (2) |
|
Inventory Estimation Procedures |
|
|
607 | (3) |
|
Internal Control of Inventories |
|
|
610 | (1) |
|
New Technology in Inventory Control |
|
|
610 | (1) |
|
|
|
611 | (12) |
|
Chapter Review and Applications |
|
|
612 | (1) |
|
|
|
612 | (1) |
|
|
|
612 | (1) |
|
|
|
612 | (1) |
|
Comprehensive Self Review |
|
|
613 | (1) |
|
|
|
613 | (1) |
|
|
|
614 | (1) |
|
|
|
615 | (6) |
|
|
|
621 | (1) |
|
Answers to Comprehensive Self Review |
|
|
622 | (1) |
|
Chapter 18 Property, Plant, and Equipment |
|
|
623 | (42) |
|
Section 1 Acquisition and Depreciation |
|
|
624 | (7) |
|
Property, Plant, and Equipment Classifications |
|
|
624 | (1) |
|
Acquisition of Property, Plant, and Equipment |
|
|
624 | (1) |
|
Depreciation of Property, Plant, and Equipment |
|
|
625 | (5) |
|
Federal Income Tax Requirements for "Cost Recovery" (Depreciation) of Property, Plant, and Equipment |
|
|
630 | (1) |
|
|
|
631 | (2) |
|
Section 2 Disposition of Assets |
|
|
633 | (5) |
|
|
|
633 | (5) |
|
|
|
638 | (2) |
|
Section 3 Special Topics in Long-Term Assets |
|
|
640 | (6) |
|
|
|
640 | (1) |
|
Impairment of Property, Plant, and Equipment |
|
|
641 | (2) |
|
|
|
643 | (3) |
|
Internal Control of Property, Plant, and Equipment |
|
|
646 | (1) |
|
|
|
646 | (19) |
|
Chapter Review and Applications |
|
|
647 | (1) |
|
|
|
647 | (1) |
|
|
|
647 | (1) |
|
|
|
648 | (1) |
|
Comprehensive Self Review |
|
|
649 | (1) |
|
|
|
649 | (1) |
|
|
|
650 | (2) |
|
|
|
652 | (11) |
|
|
|
663 | (1) |
|
Answers to Comprehensive Self Review |
|
|
664 | (1) |
|
Chapter 19 Accounting for Partnerships |
|
|
665 | (42) |
|
Section 1 Forming a Partnership |
|
|
666 | (5) |
|
The Characteristics of a Partnership |
|
|
666 | (1) |
|
Accounting for the Formation of a Partnership |
|
|
667 | (4) |
|
|
|
671 | (1) |
|
Section 2 Allocating Income or Loss |
|
|
672 | (10) |
|
Allocating Partnership Income or Loss |
|
|
672 | (8) |
|
Partnership Financial Statements |
|
|
680 | (2) |
|
|
|
682 | (1) |
|
Section 3 Partnership Changes |
|
|
683 | (6) |
|
|
|
683 | (6) |
|
|
|
689 | (18) |
|
Chapter Review and Applications |
|
|
691 | (1) |
|
|
|
691 | (1) |
|
|
|
691 | (1) |
|
|
|
692 | (1) |
|
Comprehensive Self Review |
|
|
692 | (1) |
|
|
|
692 | (1) |
|
|
|
693 | (2) |
|
|
|
695 | (9) |
|
|
|
704 | (1) |
|
Answers to Comprehensive Self Review |
|
|
705 | (2) |
|
Chapter 20 Corporations: Formation and Capital Stock Transactions |
|
|
707 | (38) |
|
Section 1 Forming a Corporation |
|
|
708 | (3) |
|
Characteristics of a Corporation |
|
|
708 | (2) |
|
Formation of a Corporation |
|
|
710 | (1) |
|
Structure of a Corporation |
|
|
710 | (1) |
|
|
|
711 | (1) |
|
Section 2 Types of Capital Stock |
|
|
712 | (5) |
|
|
|
712 | (2) |
|
|
|
714 | (3) |
|
|
|
717 | (1) |
|
Section 3 Recording Capital Stock Transactions |
|
|
718 | (11) |
|
Recording the Issuance of Stock |
|
|
718 | (6) |
|
Subscriptions for Capital Stock |
|
|
724 | (3) |
|
Special Corporation Records and Agents |
|
|
727 | (2) |
|
|
|
729 | (16) |
|
Chapter Review and Applications |
|
|
730 | (1) |
|
|
|
730 | (1) |
|
|
|
730 | (1) |
|
|
|
731 | (1) |
|
Comprehensive Self Review |
|
|
732 | (1) |
|
|
|
732 | (1) |
|
|
|
733 | (1) |
|
|
|
734 | (8) |
|
|
|
742 | (1) |
|
Answers to Comprehensive Self Review |
|
|
743 | (2) |
|
Chapter 21 Corporate Earnings and Capital Transactions |
|
|
745 | (70) |
|
Section 1 Accounting for Corporate Earnings |
|
|
746 | (8) |
|
|
|
746 | (3) |
|
Completing the Corporate Worksheet |
|
|
749 | (3) |
|
Adjusting and Closing Entries |
|
|
752 | (1) |
|
The Corporate Income Statement |
|
|
752 | (2) |
|
|
|
754 | (1) |
|
Section 2 Accounting for Retained Earnings |
|
|
755 | (5) |
|
|
|
755 | (5) |
|
|
|
760 | (1) |
|
Section 3 Other Capital Transactions and Financial Statements |
|
|
761 | (5) |
|
Other Capital Transactions |
|
|
761 | (2) |
|
Financial Statements for a Corporation |
|
|
763 | (3) |
|
|
|
766 | (18) |
|
Chapter Review and Applications |
|
|
767 | (1) |
|
|
|
767 | (1) |
|
|
|
767 | (1) |
|
|
|
768 | (1) |
|
Comprehensive Self Review |
|
|
768 | (1) |
|
|
|
769 | (1) |
|
|
|
769 | (2) |
|
|
|
771 | (9) |
|
|
|
780 | (1) |
|
Answers to Comprehensive Self Review |
|
|
781 | (3) |
|
Section 1 Financing Through Bonds |
|
|
784 | (3) |
|
|
|
784 | (2) |
|
Stock versus Bonds as a Financing Method |
|
|
786 | (1) |
|
|
|
787 | (1) |
|
Section 2 Bond Issue and Interest |
|
|
788 | (6) |
|
Bonds Issued at Face Value |
|
|
788 | (3) |
|
Bonds Issued at a Premium |
|
|
791 | (1) |
|
Bonds Issued at a Discount |
|
|
792 | (1) |
|
Balance Sheet Presentation of Bond Premium and Discount |
|
|
793 | (1) |
|
Accounting for Bond Issue Costs |
|
|
793 | (1) |
|
|
|
794 | (1) |
|
Section 3 Bond Retirement |
|
|
795 | (4) |
|
Accumulating Funds to Retire Bonds |
|
|
795 | (2) |
|
|
|
797 | (2) |
|
|
|
799 | (12) |
|
Chapter Review and Applications |
|
|
800 | (1) |
|
|
|
800 | (1) |
|
|
|
800 | (1) |
|
|
|
801 | (1) |
|
Comprehensive Self Review |
|
|
801 | (1) |
|
|
|
802 | (1) |
|
|
|
802 | (1) |
|
|
|
803 | (7) |
|
|
|
810 | (1) |
|
Answers to Comprehensive Self Review |
|
|
810 | (1) |
|
Mini-Practice Set 3 Corporation Accounting Cycle |
|
|
811 | (4) |
|
|
|
811 | (4) |
|
Chapter 23 Financial Statement Analysis |
|
|
815 | (44) |
|
Section 1 Vertical Analysis |
|
|
816 | (4) |
|
The Phases of Statement Analysis |
|
|
816 | (1) |
|
Vertical Analysis of Financial Statements |
|
|
816 | (4) |
|
|
|
820 | (1) |
|
Section 2 Horizontal Analysis |
|
|
821 | (5) |
|
Horizontal Analysis of Financial Statements |
|
|
821 | (2) |
|
Trend Analysis of Financial Statements |
|
|
823 | (2) |
|
Comparison with Industry Averages |
|
|
825 | (1) |
|
|
|
826 | (1) |
|
|
|
827 | (11) |
|
|
|
827 | (4) |
|
Financial Strength Ratios |
|
|
831 | (2) |
|
|
|
833 | (3) |
|
|
|
836 | (2) |
|
|
|
838 | (18) |
|
Chapter Review and Applications |
|
|
839 | (1) |
|
|
|
839 | (1) |
|
|
|
839 | (1) |
|
|
|
840 | (1) |
|
Comprehensive Self Review |
|
|
841 | (1) |
|
|
|
841 | (1) |
|
|
|
842 | (2) |
|
|
|
844 | (10) |
|
|
|
854 | (1) |
|
Answers to Comprehensive Self Review |
|
|
855 | (1) |
|
Mini-Practice Set 4 Financial Analysis and Decision Making |
|
|
856 | (3) |
|
|
|
856 | (3) |
|
Chapter 24 The Statement of Cash Flows |
|
|
859 | (32) |
|
Section 1 Sources and Uses of Cash |
|
|
860 | (1) |
|
The Importance of a Statement of Cash Flows |
|
|
860 | (1) |
|
|
|
860 | (1) |
|
|
|
860 | (1) |
|
|
|
861 | (1) |
|
Section 2 Cash Flows from Operating Activities |
|
|
862 | (7) |
|
|
|
865 | (1) |
|
Cash Flows from Operating Activities |
|
|
865 | (4) |
|
|
|
869 | (1) |
|
Section 3 Cash Flows from Investing and Financing Activities |
|
|
870 | (4) |
|
Cash Flows from Investing Activities |
|
|
870 | (1) |
|
Cash Flows from Financing Activities |
|
|
871 | (1) |
|
Preparing a Statement of Cash Flows |
|
|
872 | (2) |
|
|
|
874 | (17) |
|
Chapter Review and Applications |
|
|
875 | (1) |
|
|
|
875 | (1) |
|
|
|
875 | (1) |
|
|
|
876 | (1) |
|
Comprehensive Self Review |
|
|
876 | (1) |
|
|
|
876 | (1) |
|
|
|
877 | (3) |
|
|
|
880 | (9) |
|
|
|
889 | (1) |
|
Answers to Comprehensive Self Review |
|
|
890 | (1) |
|
Chapter 25 Departmentalized Profit and Cost Centers |
|
|
891 | (22) |
|
Section 1 Profit and Cost Centers and Departmental Accounting |
|
|
892 | (5) |
|
|
|
892 | (1) |
|
Profit Centers and Cost Centers |
|
|
893 | (1) |
|
Responsibility Accounting |
|
|
893 | (1) |
|
Departmentalized Operations |
|
|
893 | (4) |
|
|
|
897 | (2) |
|
Section 2 Departmental Income Statements |
|
|
899 | (3) |
|
Preparing the Departmental Income Statement |
|
|
899 | (3) |
|
|
|
902 | (11) |
|
Chapter Review and Applications |
|
|
903 | (1) |
|
|
|
903 | (1) |
|
|
|
903 | (1) |
|
|
|
904 | (1) |
|
Comprehensive Self Review |
|
|
904 | (1) |
|
|
|
904 | (1) |
|
|
|
905 | (2) |
|
|
|
907 | (5) |
|
|
|
912 | (1) |
|
Answers to Comprehensive Self Review |
|
|
912 | (1) |
|
Chapter 26 Accounting for Manufacturing Activities |
|
|
913 | (28) |
|
Section 1 Accounting for Manufacturing Costs |
|
|
914 | (5) |
|
Cost of Goods Manufactured |
|
|
914 | (1) |
|
Statement of Cost of Goods Manufactured |
|
|
915 | (2) |
|
Income Statement for a Manufacturing Concern |
|
|
917 | (1) |
|
Balance Sheet for a Manufacturing Concern |
|
|
917 | (2) |
|
|
|
919 | (1) |
|
Section 2 Completing the Accounting Cycle |
|
|
920 | (7) |
|
The Worksheet and Financial Statements |
|
|
920 | (4) |
|
Completing the Accounting Cycle |
|
|
924 | (3) |
|
|
|
927 | (14) |
|
Chapter Review and Applications |
|
|
929 | (1) |
|
|
|
929 | (1) |
|
|
|
929 | (1) |
|
|
|
930 | (1) |
|
Comprehensive Self Review |
|
|
930 | (1) |
|
|
|
930 | (1) |
|
|
|
931 | (2) |
|
|
|
933 | (7) |
|
|
|
940 | (1) |
|
Answers to Comprehensive Self Review |
|
|
940 | (1) |
|
Chapter 27 Job Order Cost Accounting |
|
|
941 | (24) |
|
Section 1 Cost Accounting |
|
|
942 | (3) |
|
Types of Cost Accounting Systems |
|
|
942 | (1) |
|
Cost Flows in a Job Order Cost System |
|
|
943 | (2) |
|
|
|
945 | (1) |
|
Section 2 Job Order Cost Accounting System |
|
|
946 | (5) |
|
A Job Order Cost Accounting System |
|
|
946 | (5) |
|
|
|
951 | (1) |
|
Section 3 Accounting for Job Orders |
|
|
952 | (3) |
|
|
|
952 | (2) |
|
Summary of Cost Flow Through Inventory Accounts |
|
|
954 | (1) |
|
|
|
955 | (10) |
|
Chapter Review and Applications |
|
|
956 | (1) |
|
|
|
956 | (1) |
|
|
|
956 | (1) |
|
|
|
957 | (1) |
|
Comprehensive Self Review |
|
|
957 | (1) |
|
|
|
957 | (1) |
|
|
|
958 | (1) |
|
|
|
959 | (4) |
|
|
|
963 | (1) |
|
Answers to Comprehensive Self Review |
|
|
964 | (1) |
|
Chapter 28 Process Cost Accounting |
|
|
965 | (26) |
|
Section 1 Process Cost Accounting System |
|
|
966 | (8) |
|
The Process Cost Accounting System |
|
|
966 | (8) |
|
|
|
974 | (1) |
|
Section 2 Work in Process Inventory |
|
|
975 | (5) |
|
The Beginning Work in Process Inventory |
|
|
975 | (5) |
|
|
|
980 | (11) |
|
Chapter Review and Applications |
|
|
981 | (1) |
|
|
|
981 | (1) |
|
|
|
981 | (1) |
|
|
|
982 | (1) |
|
Comprehensive Self Review |
|
|
982 | (1) |
|
|
|
982 | (1) |
|
|
|
983 | (2) |
|
|
|
985 | (4) |
|
|
|
989 | (1) |
|
Answers to Comprehensive Self Review |
|
|
990 | (1) |
|
Chapter 29 Controlling Manufacturing Costs: Standard Costs |
|
|
991 | (28) |
|
Section 1 Cost Behavior and the Budget |
|
|
992 | (5) |
|
|
|
992 | (2) |
|
Preparation of the Fixed Budget |
|
|
994 | (2) |
|
Preparation of the Flexible Budget |
|
|
996 | (1) |
|
|
|
997 | (1) |
|
Section 2 Standard Costs as a Control Tool |
|
|
998 | (6) |
|
Developing Standard Costs |
|
|
998 | (1) |
|
|
|
999 | (5) |
|
|
|
1004 | (15) |
|
Chapter Review and Applications |
|
|
1006 | (1) |
|
|
|
1006 | (1) |
|
|
|
1006 | (1) |
|
|
|
1007 | (1) |
|
Comprehensive Self Review |
|
|
1007 | (1) |
|
|
|
1007 | (1) |
|
|
|
1008 | (2) |
|
|
|
1010 | (6) |
|
|
|
1016 | (1) |
|
Answers to Comprehensive Self Review |
|
|
1017 | (2) |
|
Chapter 30 Cost-Revenue Analysis for Decision Making |
|
|
1019 | (1) |
|
Section 1 The Decision Process |
|
|
1020 | (3) |
|
Exploring the Decision Process |
|
|
1020 | (3) |
|
|
|
1023 | (2) |
|
Section 2 Cost-Revenue Analysis |
|
|
1025 | (3) |
|
Product Pricing in Special Situations |
|
|
1025 | (1) |
|
|
|
1026 | (1) |
|
|
|
1026 | (2) |
|
|
|
1028 | (1) |
|
Chapter Review and Applications |
|
|
1029 | (1) |
|
|
|
1029 | (1) |
|
|
|
1029 | (1) |
|
|
|
1030 | (1) |
|
Comprehensive Self Review |
|
|
1030 | (1) |
|
|
|
1030 | (1) |
|
|
|
1031 | (2) |
|
|
|
1033 | (6) |
|
|
|
1039 | (1) |
|
Answers to Comprehensive Self Review |
|
|
1040 | |
| Appendix A The Home Depot 2018 Financial Statements |
|
1 | (1) |
| Appendix B Combined Journal |
|
1 | (1) |
| Glossary |
|
1 | (1) |
| Index |
|
1 | |
| Sample General Ledger Accounts |
|
| Rules of Debit and Credit |
|
