Fundamental Financial Accounting Concepts ISE

Name: Fundamental Financial Accounting Concepts ISE
Price: 5150 ISK
Availability: InStock
Author: Christopher Edmonds; Mark Edmonds; Jennifer Edmonds
ISBN: 9781264687275

Höfundar: Christopher Edmonds; Mark Edmonds; Jennifer Edmonds (Útgáfa: 12)

Kaup valmöguleikar

Nemendum finnst oft yfirþyrmandi hversu mikið efni er lagt fyrir í grunnnámskeiði í fjárhagsbókhaldi, á sama tíma og kennarar vilja að þeir nái heildarmyndinni af hlutverki fjárhagsbókhalds í rekstri. Fundamental Financial Accounting Concepts fer óvenjulega leið að því að byggja upp bókhaldsfærni og beinir athygli nemenda að áhrifum viðskipta á ársreikninginn, um leið og hefðbundin notkun debets og kredits heldur sér.

Með þessari aðferð vekja höfundarnir forvitni nemenda og hvetja þá til að spyrja þeirra „hvers vegna“ spurninga sem komast að kjarna þess hvernig bókhald virkar. Með ársreikningslíkaninu og láréttri greiningu viðskipta sjá nemendur fljótt hvaða áhrif einstakur viðburður í rekstri hefur á ársreikninginn. Skýr framsetning, vinsæl fyrirlestrarmyndbönd og óvenjuleg nálgun gera það að verkum að bókin býr nemendur undir þá gagnrýnu hugsun sem stjórnendur og ákvarðanatakendur framtíðarinnar þurfa á að halda.

Nánar um bókina

Útgefandi: McGraw-Hill Higher Education (International)

ISBN: 9781264687275

Print ISBN: 9781266801426

Format: ePub

Útgáfa: 12

Höfundar: Christopher Edmonds; Mark Edmonds; Jennifer Edmonds

Tungumál: English

Útgefið: 2024-06-03

Prent takmörkun á líftíma: 100

Prent takmörkun: 2

Afritunar takmörkun: 2

Flokkar: Viðskiptafræði

Efnisflokkar: Viðskipti og hagfræði › Fjárhagsleg

Kaflar

Sharpen
Meet Sharpen
Table of contents and preface
Cover Page
Title Page
Copyright Information
Library of Congress Cataloging-in-Publication Data
Dedication Page
Note from the Authors
CAREER READINESS
HIGHLIGHTING CAREER PROFILES
FOCUSING ON FINANCIAL STATEMENT IMPACTS
LESSONS LEARNED FROM THE PANDEMIC: THE IMPORTANCE OF VIDEO RESOURCES
About the Authors
Christopher T. Edmonds
Mark A. Edmonds
Jennifer E. Edmonds
What We Did to Make It Better
How Does the Book Motivate Students?
Real-World Examples
The Curious Accountant
Career Profiles
Focus on International Issues
The Financial Analyst
Check Yourself
Reality Bytes
CAREER READINESS
Annual Reports
End of chapter study guide
How Are Chapter Concepts Reinforced?
Self-Study Review Problem
Exercise Series A & B and Problem Series A & B
Comprehensive Problem
Mastering Excel and Using Excel
Connect Features
A complete course platform
Every learner is unique
Study anytime, anywhere
Effective tools for efficient studying
Education for all
Updated and relevant content
How Can Technology Help Improve Student Success?
• Online Assignments
• Remote Proctoring and Browser-Locking Capabilities
• NEW! Tableau Dashboard Activities
• Lecture Videos
• Integrated Excel
• Guided Examples
• Instructor Library
• ReadAnywhere® App
• Polling
• McGraw Hill GO
• Evergreen
• Your Book, Your Way
• McGraw Hill Customer Experience Group Contact Information
Supplements for Instructors
Assurance of Learning Ready
AACSB Statement
McGraw Hill’s Connect
Test Builder in Connect
Acknowledgments
Brief Contents
Contents
Chapter 1: An Introduction to Accounting
Chapter 1 Introduction
Section 1: Collecting and Organizing Information
The Role of Accounting in Society
Using Free Markets to Set Resource Priorities
Accounting Provides Information
Types of Accounting Information
Nonbusiness Resource Usage
Careers in Accounting
Measurement Rules
Reporting Entities
Elements of Financial Statements
Using Accounts to Gather Information
Creating an Accounting Equation
Recording Business Events Under the Accounting Equation
Asset Source Transactions
Asset Exchange Transactions
Another Asset Source Transaction
Asset Use Transactions
Summary of Transactions
Interpreting Information Shown in the Accounting Equation
The Left versus the Right Side of the Accounting Equation
Cash and Retained Earnings
Business Liquidations Resulting from Net Losses
Business Liquidations Resulting from the Mismanagement of Assets
Two Views of the Right Side of the Accounting Equation
Recap: Types of Transactions
Section 2: Reporting Information
Preparing an Income Statement, a Statement of Changes in Stockholders’ Equity, and a Balance Sheet
Income Statement and the Matching Concept
Statement of Changes in Stockholders’ Equity
Balance Sheet
Preparing a Statement of Cash flows
The Closing Process
The Horizontal Financial Statements Model
The Financial Analyst
Real-World Financial Reports
Annual Report for Target Corporation
Special Terms in Real-World Reports
End of Chapter Study Guide
Self-Study Review Problem
Required
Solution
Key Terms
Questions
Brief Exercises
LO 1-1
Required
LO 1-2
Required
LO 1-3
Required
LO 1-4
Required
LO 1-5
Required
LO 1-6
Required
LO 1-7
Required
LO 1-8
Required
LO 1-9
Required
LO 1-10
Required
Section 1 Exercises - Series A
LO 1-1
LO 1-1
LO 1-2
LO 1-3
LO 1-4
LO 1-4
LO 1-4
LO 1-3
LO 1-4, LO 1-5
LO 1-5
LO 1-4, LO 1-5
LO 1-5
LO 1-4, LO 1-6
Section 2 Exercises - Series A
LO 1-7
LO 1-7
LO 1-4, LO 1-7
LO 1-8
LO 1-8
LO 1-4, LO 1-7, LO 1-8
LO 1-2, LO 1-8
LO 1-4, LO 1-5, LO 1-7, LO 1-8, LO 1-9
LO 1-7, LO 1-8
LO 1-9
LO 1-9
LO 1-9
LO 1-4, LO 1-6, LO 1-10
IFRS
Sections 1 and 2 Problems - Series A
LO 1-1
LO 1-2
LO 1-4, LO 1-6
LO 1-7, LO 1-8
LO 1-4, LO 1-7, LO 1-8, LO 1-9
LO 1-5, LO 1-7, LO 1-8
LO 1-5, LO1-6, LO 1-7, LO 1-8, LO 1-9, LO 1-10
Section 1 Exercises - Series B
LO 1-1
LO 1-1
LO 1-2
LO 1-3
LO 1-4
LO 1-4
LO 1-4
LO 1-3
LO 1-3
LO 1-3
LO 1-4, LO 1-5
LO 1-5
LO 1-4, LO 1-6
Section 2 Exercises - Series B
LO 1-7
LO 1-4, LO 1-7
LO 1-4, LO 1-7
LO 1-8
LO 1-8
LO 1-4, LO 1-7, LO 1-8
LO 1-2, LO 1-8
LO 1-4, LO 1-5, LO 1-7, LO 1-8, LO 1-9
LO 1-7, LO 1-8
LO 1-9
LO 1-9
LO 1-9
LO 1-4, LO 1-6, LO 1-10
IFRS
Sections 1 and 2 Problems - Series B
LO 1-1
LO 1-2
LO 1-6
LO 1-7, LO 1-8
LO 1-4, LO 1-7, LO 1-8, LO 1-9
LO 1-5, LO 1-7, LO 1-8
LO 1-5, LO 1-6, LO 1-7, LO 1-8, LO 1-9, LO 1-10
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Required
Chapter 2: Accounting for Accruals and Deferrals
Chapter 2 Introduction
Section 1: Accounting For Accruals
Accounting for Receivables
Recognizing Accounts Receivable
Other Events
Accounting for Payables (Year-End Adjusting Entry)
End-of-Period Adjustments
Summary of Events and General Ledger
Preparing Financial Statements with Accruals
Income Statement
Statement of Changes in Stockholders’ Equity
Balance Sheet
Statement of Cash Flows
Steps in an Accounting Cycle
The Closing Process
Steps in an Accounting Cycle
The Matching Concept
Section 2: Accounting for Deferrals
Accounting for Supplies
Second Accounting Cycle
Accounting for Prepaid Items
Year-End Adjustment
Accounting for Unearned Revenue
Year-End Adjustment
Preparing Financial Statements with Deferrals
Vertical Statements Model
Closing for the Year 2 Accounting Period
Transaction Classification
The Financial Analyst
Environmental
Social
governance
Reporting on ESG
Appendix
Accounting Events for Year 1
Accounting Events for Year 2
End of Chapter Study Guide
Self-Study Review Problem
Required
Solution to Requirement a
Solutions to Requirements b–g
Key Terms
Questions
Brief Exercises
LO 2-1
LO 2-2
LO 2-3
LO 2-4
LO 2-5
LO 2-6
LO 2-7
LO 2-8
LO 2-9
LO 2-10
LO 2-11
LO 2-12
Section 1 Exercises - Series A
LO 2-1, LO 2-3
LO 2-2, LO 2-3
LO 2-1, LO 2-2, LO 2-3
LO 2-1, LO 2-2, LO 2-3
LO 2-3
LO 2-3
LO 2-3
LO 2-4
LO 2-4
LO 2-4
LO 2-4
Section 2 Exercises - Series A
LO 2-5
LO 2-5, LO 2-8
LO 2-5, LO 2-6
LO 2-6
LO 2-6, LO 2-8
LO 2-7
LO 2-7
LO 2-5, LO 2-7
LO 2-7
LO 2-6, LO 2-7
LO 2-1, LO 2-2, LO 2-5, LO 2-6, LO 2-7
LO 2-1, LO 2-2, LO 2-4, LO 2-5, LO 2-6
LO 2-5, LO 2-6, LO 2-7
LO 2-7, LO 2-8
LO 2-8
LO 2-8
LO 2-8, LO 2-9
LO 2-9
LO 2-9
LO 2-8, LO 2-9
LO 2-10
LO 2-11
LO 2-11
LO 2-12
LO 2-12
Sections 1 and 2 Problems - Series A
LO 2-5, LO 2-6, LO 2-7
LO 2-3, LO 2-8
LO 2-8
LO 2-3, LO 2-8
LO 2-3, LO 2-8
LO 2-3, LO 2-8
LO 2-3, LO 2-8, LO 2-9
LO 2-10
LO 2-3, LO 2-8, LO 2-11, LO 2-12
Section 1 Exercises - Series B
LO 2-1, LO 2-3
LO 2-2, LO 2-3
LO 2-1, LO 2-2, LO 2-3
LO 2-1, LO 2-2, LO 2-3
LO 2-3
LO 2-3
LO 2-3
LO 2-4
LO 2-4
LO 2-4
LO 2-4
Section 2 Exercises - Series B
LO 2-5
LO 2-5, LO 2-8
LO 2-5, LO 2-6
LO 2-6
LO 2-6, LO 2-8
LO 2-7
LO 2-7
LO 2-5, LO 2-7
LO 2-7
LO 2-6, LO 2-7
LO 2-1, LO 2-2, LO 2-5, LO 2-6, LO 2-7
LO 2-1, LO 2-2, LO 2-5, LO 2-6, LO 2-7
LO 2-5, LO 2-6, LO 2-7
LO 2-8
LO 2-8
LO 2-8
LO 2-9
LO 2-9
LO 2-9
LO 2-8, LO 2-9
LO 2-10
LO 2-11
LO 2-11
LO 2-12
LO 2-12
Sections 1 and 2 Problems - Series B
LO 2-5, LO 2-6, LO 2-7
LO 2-3, LO 2-8
LO 2-8
LO 2-3, LO 2-8
LO 2-3, LO 2-8
LO 2-3, LO 2-8
LO 2-3, LO 2-8, LO 2-9
LO 2-10
LO 2-3, LO 2-8, LO 2-11, LO 2-12
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Information for Adjustments
Required
Chapter 3: The Double-Entry Accounting System
Chapter 3 Introduction
Chapter Opening
Debit/Credit Terminology
Recording Transactions in T-Accounts
Asset Source Transactions
Asset Exchange Transactions
Asset Use Transactions
Claims Exchange Transactions
Adjusting the Accounts
Overview of Debit/Credit Relationships
The General Journal
Trial Balance and Financial Statements
Closing Entries
Post-Closing Trial Balance
The Financial Analyst
Assessing the Effective Use of Assets
Assessing Debt Risk
Real-World Data
Scope of Coverage
Appendix
Journal Entries for Long-Term Assets and Depreciation
Journal Entries for Notes Payable and Interest Expense
End of Chapter Study Guide
Self-Study Review Problem
Solution to Requirement a
Solution to Requirement b
Solution to Requirement c
Solution to Requirement d
Solution to Requirement e
Key Terms
Questions
Brief Exercises
LO 3-1
LO 3-2
LO 3-3
LO 3-4
LO 3-5
LO 3-6
Exercises - Series A
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1, LO 3-3, LO 3-4
LO 3-1
LO 3-1
LO 3-1
LO 3-2
LO 3-2
LO 3-2
LO 3-1, LO 3-2
LO 3-1, LO 3-3
LO 3-3
LO 3-3
LO 3-4
LO 3-1, LO 3-2, LO 3-3, LO 3-4
LO 3-5
IFRS
Problems - Series A
LO 3-1
LO 3-1
LO 3-1, LO 3-3
LO 3-2
LO 3-2
LO 3-2
LO 3-3
LO 3-1, LO 3-2, LO 3-3, LO 3-4
LO 3-1, LO 3-2, LO 3-3, LO 3-4
LO 3-5
LO 3-6
LO 3-1, LO 3-2, LO 3-3, LO 3-6
Exercises - Series B
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1
LO 3-1, LO 3-3, LO 3-4
LO 3-1
LO 3-1
LO 3-1
LO 3-2
LO 3-2
LO 3-2
LO 3-1, LO 3-2
LO 3-1, LO 3-2, LO 3-3
LO 3-3
LO 3-3
LO 3-4
LO 3-1, LO 3-2, LO 3-3, LO 3-4
LO 3-5
IFRS
Problems - Series B
LO 3-1
LO 3-1
LO 3-1, LO 3-3
LO 3-2
LO 3-2
LO 3-2
LO 3-3
LO 3-1, LO 3-2, LO 3-3, LO 3-4
LO 3-1, LO 3-2, LO 3-3, LO 3-4
LO 3-5
LO 3-6
LO 3-1, LO 3-2, LO 3-3, LO 3-6
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Adjustments
Chapter 4: Accounting for Merchandising Businesses
Chapter 4 Introduction
Chapter Opening
Accounting for Inventory Transactions
Allocating Inventory Cost between Asset and Expense Accounts
Perpetual Inventory System
Effects of Year 1 Events on Financial Statements
Ledger Accounts and Financial Statements
Transportation Cost, Purchase Returns and Allowances, and Cash Discounts Related to Inventory Purchases
Effects of the Year 2 Events on Financial Statements
Accounting for Purchase Returns and Allowances
Purchase Discounts
The Cost of Financing Inventory
Accounting for Transportation Costs
Adjustment for Lost, Damaged, or Stolen Inventory
Gains, Losses, and a Multistep Income Statement
Events Affecting Sales
Accounting for Sales Returns and Allowances
Accounting for Sales Discounts
The Financial Analyst
Common Size Financial Statements
Ratio Analysis
Real-World Data
Appendix
Periodic Inventory System
End of Chapter Study Guide
Self-Study Review Problem
Required
Answer
Key Terms
Questions
Brief Exercises
LO 4-1
LO 4-2
LO 4-3
LO 4-4
LO 4-5
LO 4-6
LO 4-7
LO 4-8
LO 4-9
Exercises - Series A
LO 4-1
LO 4-1
LO 4-1
LO 4-1
LO 4-2, LO 4-3
LO 4-4
LO 4-2, LO 4-3, LO 4-4
LO 4-1, LO 4-2, LO 4-3, LO 4-4
LO 4-1, LO 4-2, LO 4-3, LO 4-4
LO 4-2, LO 4-4
LO 4-5
LO 4-2, LO 4-4, LO 4-6
LO 4-6
LO 4-6
LO 4-2, LO 4-3, LO 4-6
LO 4-2, LO 4-4, LO 4-6, LO 4-7
LO 4-2, LO 4-3, LO 4-4, LO 4-6, LO 4-7, LO 4-8
LO 4-8
LO 4-8
LO 4-9
LO 4-9
LO 4-9
Problems - Series A
LO 4-4
LO 4-1
LO 4-1, LO 4-6
LO 4-1, LO 4-2, LO 4-3, LO 4-4, LO 4-5, LO 4-6, LO 4-7
LO 4-6, LO 4-8
LO 4-9
LO 4-9
Exercises - Series B
LO 4-1
LO 4-1
LO 4-1
LO 4-1
LO 4-2, LO 4-3
LO 4-4
LO 4-3, LO 4-4
LO 4-1, LO 4-2, LO 4-3, LO 4-4
LO 4-1, LO 4-2, LO 4-3, LO 4-4
LO 4-2, LO 4-4
LO 4-5
LO 4-2, LO 4-4, LO 4-6
LO 4-6
LO 4-6
LO 4-2, LO 4-3, LO 4-6
LO 4-2, LO 4-4, LO 4-7
LO 4-2, LO 4-3, LO 4-4, LO 4-6, LO 4-7, LO 4-8
LO 4-8
LO 4-8
LO 4-9
LO 4-9
LO 4-9
Problems - Series B
LO 4-4
LO 4-4
LO 4-1, LO 4-6
LO 4-1, LO 4-2, LO 4-3, LO 4-4, LO 4-5, LO 4-6, LO 4-7
LO 4-6, LO 4-8
LO 4-9
LO 4-9
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Adjustment Information
Chapter 5: Accounting for Inventories
Chapter 5 Introduction
CHAPTER OPENING
Inventory Cost Flow Methods
Specific Identification
First-In, First-Out (FIFO)
Last-In, First-Out (LIFO)
Weighted Average
Physical Flow
Effect of Cost Flow on Financial Statements
Multiple Layers with Multiple Quantities
Allocating Cost of Goods Available for Sale
Effect of Cost Flow on Financial Statements
Inventory Cost Flow When Sales and Purchases Occur Intermittently
Lower-of-Cost-or-Market Rule
Avoiding Fraud in Merchandising Businesses
Estimating The Ending Inventory Balance
The Financial Analyst
Average Number of Days to Sell Inventory
Is It a Marketing or an Accounting Decision?
The Wallet Company Illustration
Real-World Data
Effects of Cost Flow on Ratio Analysis
End of Chapter Study Guide
Self-Study Review Problem
Required
Solution to Requirements a–c
Key Terms
Questions
Brief Exercises
LO 5-1
LO 5-2
LO 5-3
LO 5-4
LO 5-5
Exercises - Series A
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-2
LO 5-2
LO 5-3
LO 5-3
LO 5-4
LO 5-4
LO 5-5
IFRS
IFRS
Problems - Series A
LO 5-1
LO 5-1
LO 5-2
LO 5-4
LO 5-4
LO 5-3
LO 5-5
Exercises - Series B
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-1
LO 5-2
LO 5-2
LO 5-3
LO 5-3
LO 5-4
LO 5-4
LO 5-5
IFRS
IFRS
Problems - Series B
LO 5-1
LO 5-1
LO 5-2
LO 5-4
LO 5-4
LO 5-3
LO 5-5
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Adjustments
Required
Chapter 6: Internal Control and Accounting for Cash
Chapter 6 Introduction
Chapter Opening
Key Features of Internal Control Systems
Segregation of Duties
Quality of Employees
Bonded Employees
Required Absences
Procedures Manual
Authority and Responsibility
Prenumbered Documents
Physical Control
Performance Evaluations
Limitations
Accounting for Cash
Controlling Cash
Checking Account Documents
Reconciling the Bank Account
Determining True Cash Balance
Adjustments to the Bank Balance
Adjustments to the Book Balance
Correction of Errors
Certified Checks
Illustrating a Bank Reconciliation
Updating GSRI’s Accounting Records
Cash Short and Over
Using Petty Cash Funds
The Financial Analyst
Notes to the Financial Statements
Management’s Discussion and Analysis
Role of the Independent Auditor
The Securities and Exchange Commission
The Sarbanes–Oxley Act
Importance of Ethics
Common Features of Criminal and Ethical Misconduct
End of Chapter Study Guide
Self-Study Review Problem
Solution to Requirement a
Solution to Requirement b
Key Terms
Questions
Brief Exercises
LO 6-1
LO 6-2
LO 6-3
LO 6-4
LO 6-5
Exercises - Series A
LO 6-1
LO 6-1
LO 6-1
LO 6-1
LO 6-1
LO 6-2
LO 6-3
LO 6-3
LO 6-3
LO 6-3
LO 6-3
LO 6-3
LO 6-4
LO 6-4
LO 6-4
LO 6-5
Problems - Series A
LO 6-1, LO 6-2
LO 6-3
LO 6-3
LO 6-3
LO 6-3
LO 6-3
LO 6-1, LO 6-2, LO 6-3
LO 6-4
LO 6-5
LO 6-6
Exercises - Series B
LO 6-1
LO 6-1
LO 6-1
LO 6-1
LO 6-1
LO 6-2
LO 6-3
LO 6-3
LO 6-3
LO 6-3
LO 6-3
LO 6-3
LO 6-4
LO 6-4
LO 6-4
LO 6-5
Problems - Series B
LO 6-1, LO 6-2
LO 6-3
LO 6-3
LO 6-3
LO 6-3
LO 6-3
LO 6-1, LO 6-2, LO 6-3
LO 6-4
LO 6-5
LO 6-6
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Chapter 7: Accounting for Receivables
Chapter 7 Introduction
Chapter Opening
Estimating Uncollectible Accounts Expense Using the Percent of Revenue Method
Accounting Events Affecting the Year 1 Period
Recording and Reporting Uncollectible Accounts Events in the Double-Entry System, Year 1
Financial Statements
Accounting Events Affecting the Year 2 Period
Recording and Reporting Uncollectible Accounts Events in the Double-Entry System, Year 2
Analysis of Financial Statements
Estimating Uncollectible Accounts Expense Using the Percent of Receivables Method
Aging Accounts Receivable
Matching Revenues and Expenses versus Asset Measurement
Recognizing Uncollectible Accounts Expense Using the Direct Write-Off Method
Accounting for Notes Receivable
Recording and Reporting Transactions Related to Notes Receivable
Financial Statements
Accounting for Credit Card Sales
The Financial Analyst
Average Number of Days to Collect Accounts Receivable
Real-World Data
End of Chapter Study Guide
Self-Study Review Problem
Required
Solution to Requirement a
Solution to Requirements b, c, d,ande
Key Terms
Questions
Brief Exercises
LO 7-1
LO 7-2
LO 7-3
LO 7-4
LO 7-5
LO 7-6
LO 7-7
Exercises - Series A
LO 7-1
LO 7-1
LO 7-1
LO 7-1
LO 7-1
LO 7-1
LO 7-2
LO 7-2, LO 7-3
LO 7-4
LO 7-1, LO 7-4
LO 7-5
LO 7-5
LO 7-6
LO 7-6
LO 7-1, LO 7-5, LO 7-6
LO 7-7
Problems - Series A
LO 7-1
LO 7-1
LO 7-2
LO 7-2, LO 7-3
LO 7-1, LO 7-5
LO 7-4, LO 7-5
LO 7-1, LO 7-5
LO 7-2, LO 7-6
LO 7-4, LO 7-5, LO 7-6
LO 7-1, LO 7-4, LO 7-5, LO 7-6
Exercises - Series B
LO 7-1
LO 7-1
LO 7-1
LO 7-1
LO 7-1
LO 7-1
LO 7-2
LO 7-2, LO 7-3
LO 7-4
LO 7-1, LO 7-4
LO 7-5
LO 7-5
LO 7-6
LO 7-6
LO 7-1, LO 7-5, LO 7-6
LO 7-7
Problems - Series B
LO 7-1
LO 7-2
LO 7-1
LO 7-2, LO 7-3
LO 7-1, LO 7-5
LO 7-4, LO 7-5
LO 7-1, LO 7-5
LO 7-2, LO 7-6
LO 7-4, LO 7-5, LO 7-6
LO 7-1, LO 7-5, LO 7-6
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Adjustments
Required
Chapter 8: Accounting for Long-Term Operational Assets
Chapter 8 Introduction
Chapter Opening
Tangible versus Intangible Assets
Tangible Long-Term Assets
Intangible Assets
Determining the Cost of Long-Term Assets
Basket Purchase Allocation
Methods of Recognizing Depreciation Expense
Dryden Enterprises Illustration
Straight-Line Depreciation
Financial Statements
Double-Declining-Balance Depreciation
Units-of-Production Depreciation
Accounting for the Disposal of Long-Term Operational Assets
Comparing the Depreciation Methods
Income Tax Considerations
Revision of Estimates
Revision of Life
Revision of Salvage
Continuing Expenditures for Plant Assets
Costs That Are Expensed
Costs That Are Capitalized
Natural Resources
Intangible Assets
Trademarks
Patents
Copyrights
Franchises
Goodwill
Expense Recognition for Intangible Assets
Balance Sheet Presentation
The Financial Analyst
Effect of Judgment and Estimation
End of Chapter Study Guide
Self-Study Review Problem
Required
Solution to Requirements a–d
Key Terms
Questions
Brief Exercises
LO 8-1
LO 8-2
LO 8-3
LO 8-4
LO 8-5
LO 8-6
LO 8-7
LO 8-8
LO 8-9
LO 8-10
LO 8-11
LO 8-12
Exercises - Series A
LO 8-1
LO 8-1
LO 8-1
LO 8-1
LO 8-1
LO 8-1
LO 8-2
LO 8-3
LO 8-2, LO 8-3
LO 8-3, LO 8-4, LO 8-5
LO 8-2, LO 8-5
LO 8-5
LO 8-5
LO 8-6
LO 8-7
LO 8-8
LO 8-8
LO 8-8
LO 8-9
LO 8-10
LO 8-10, LO 8-11
LO 8-12
IFRS
IFRS
Problems - Series A
LO 8-1
LO 8-2, LO 8-3, LO 8-4
LO 8-2, LO 8-3, LO 8-5
LO 8-2, LO 8-5
LO 8-4, LO 8-5
LO 8-2, LO 8-3, LO 8-4, LO 8-6
LO 8-2, LO 8-7, LO 8-8
LO 8-2, LO 8-8
LO 8-2, LO 8-8
LO 8-7, LO 8-9
LO 8-10, LO 8-11
LO 8-11
Exercises - Series B
LO 8-1
LO 8-1
LO 8-1
LO 8-1
LO 8-1
LO 8-1
LO 8-2
LO 8-3
LO 8-2, LO 8-3
LO 8-3, LO 8-4, LO 8-5
LO 8-2, LO 8-5
LO 8-5
LO 8-5
LO 8-6
LO 8-7
LO 8-8
LO 8-8
LO 8-8
LO 8-9
LO 8-10
LO 8-10, LO 8-11
LO 8-12
IFRS
IFRS
Problems - Series B
LO 8-1
LO 8-2, LO 8-3, LO 8-4
LO 8-2, LO 8-3, LO 8-5
LO 8-2, LO 8-5
LO 8-4, LO 8-5
LO 8-2, LO 8-3, LO 8-4, LO 8-6
LO 8-3, LO 8-7, LO 8-8
LO 8-2, LO 8-8
LO 8-2, LO 8-8
LO 8-7, LO 8-9
LO 8-10, LO 8-11
LO 8-11
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Adjustments
Required
Chapter 9: Accounting for Current Liabilities and Payroll
Chapter 9 Introduction
Chapter Opening
Accounting for Notes Payable
Accounting for Sales Tax
Contingent Liabilities
Warranty Obligations
General Ledger T-Accounts and Financial Statements
Accounting for Payroll
Identifying Employees
Employees’ Gross Earnings
Deductions from Employees’ Gross Earnings
Federal Income Taxes
Federal Income Tax Documents
Social Security and Medicare Taxes (FICA)
Voluntary Withholdings (Deductions)
Computing Employee Net Pay
Employer Payroll Taxes
Recording and Reporting Payroll Taxes
Employee Fringe Benefits
The Financial Analyst
Preparing a Classified Balance Sheet
Liquidity versus Solvency
Appendix
Accounting for Discount Notes
General Ledger T-Accounts and Financial Statements
Accounting Events Affecting Year 2
End of Chapter Study Guide
Self-Study Review Problem
Required
Solution to Requirement a
Solution to Requirement b
Key Terms
Questions
Brief Exercises
Required
Required
Required
Required
Required
Required
Required:
Required:
Exercises - Series A
LO 9-1
LO 9-1
LO 9-2
LO 9-2
LO 9-3
LO 9-4
LO 9-4
LO 9-1, LO 9-2, LO 9-4
LO 9-5
LO 9-5
LO 9-5
LO 9-5
LO 9-1, LO 9-2, LO 9-4, LO 9-5
LO 9-6
LO 9-7
LO 9-8
LO 9-1, LO 9-8
LO 9-8
Problems - Series A
LO 9-1
LO 9-1, LO 9-2
LO 9-3
LO 9-1, LO 9-2, LO 9-3, LO 9-4
LO 9-5
LO 9-5
LO 9-6
LO 9-7
LO 9-8
Exercises - Series B
LO 9-1
LO 9-1
LO 9-2
LO 9-2
LO 9-3
LO 9-4
LO 9-4
LO 9-1, LO 9-2, LO 9-4
LO 9-5
LO 9-5
LO 9-5
LO 9-5
LO 9-1, LO 9-2, LO 9-4, LO 9-5
LO 9-6
LO 9-7
LO 9-8
LO 9-1, LO 9-8
LO 9-8
Problems - Series B
LO 9-1
LO 9-1, LO 9-2
LO 9-3
LO 9-1, LO 9-2, LO 9-3, LO 9-4
LO 9-5
LO 9-5
LO 9-6
LO 9-7
LO 9-8
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Adjustments
Required
Chapter 10: Accounting for Long-Term Debt
Chapter 10 Introduction
Chapter Opening
Installment Notes Payable
Line of Credit
Bond Liabilities
Advantages of Issuing Bonds
Security of Bonds
Timing of Maturity
Special Features
Bond Ratings
Restrictive Covenants
Bonds Issued at Face Value
Journal Entries and Financial Statement Effects
Financial Statements
Amortization Using the Straight-Line Method
Bonds Issued at a Discount
Bonds Issued at a Premium
Bond Redemptions
Amortization Using the Effective Interest Rate Method
Amortizing Bond Discounts
Amortizing Bond Premiums
The Financial Analyst
Financial Leverage and Tax Advantage of Debt Financing
EBIT and Ratio Analysis
Times-Interest-Earned Ratio
End of Chapter Study Guide
Self-Study Review Problem
Year 1
Year 2
Required
Solution
Key Terms
Questions
Brief Exercises
LO 10-1
LO 10-2
LO 10-3
LO 10-4
LO 10-5
LO 10-6
LO 10-7
LO 10-8
Exercises - Series A
LO 10-1
LO 10-1
LO 10-1
LO 10-1
LO 10-2
LO 10-3
LO 10-3
LO 10-3
LO 10-3
LO 10-4, LO 10-5
LO 10-3, LO 10-4, LO 10-5
LO 10-4, LO 10-5
LO 10-4, LO 10-5
LO 10-4
LO 10-5
LO 10-4
LO 10-5
LO 10-5
LO 10-6
LO 10-6
LO 10-7
LO 10-7
LO 10-5, LO 10-7
LO 10-8
LO 10-8
Problems - Series A
LO 10-1
LO 10-2
LO 10-3
LO 10-5
LO 10-4
LO 10-4
LO 10-4, LO 10-5
LO 10-4, LO 10-6
LO 10-8
Exercises - Series B
LO 10-1
LO 10-1
LO 10-1
LO 10-1
LO 10-2
LO 10-3
LO 10-3
LO 10-3
LO 10-3
LO 10-4, LO 10-5
LO 10-3, LO 10-4, LO 10-5
LO 10-4, LO 10-5
LO 10-4, LO 10-5
LO 10-4
LO 10-4
LO 10-4
LO 10-5
LO 10-5
LO 10-6
LO 10-6
LO 10-7
LO 10-7
LO 10-4, LO 10-6
LO 10-8
LO 10-8
Problems - Series B
LO 10-1
LO 10-2
LO 10-3
LO 10-4
LO 10-4
LO 10-5
LO 10-1, LO 10-2, LO 10-4, LO 10-5
LO 10-5, LO 10-7
LO 10-8
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Adjustments
Chapter 11: Proprietorships, Partnerships, and Corporations
Chapter 11 Introduction
Chapter Opening
Forms of Business Organizations
Regulation
Double Taxation
Limited Liability
Continuity
Transferability of Ownership
Management Structure
Ability to Raise Capital
Appearance of Capital Structure in Financial Statements
Accounting for Capital Stock
Par Value
Stated Value
Stock: Authorized, Issued, and Outstanding
Other Valuation Terminology
Common versus Preferred stock
Common Stock
Preferred Stock
Other Classes of Stock
Accounting for Stock Transactions on the Day of Issue
Issuing Par Value Stock
Stock Classification
Stock Issued at Stated Value
Stock Issued with No Par Value
Financial Statement Presentation
Treasury Stock
Cash Dividends
Declaration Date
Date of Record
Payment Date
Stock Dividends and Splits
Stock Dividends
Stock Splits
Appropriation of Retained Earnings
Financial Statement Presentation
The Financial Analyst
Receiving Dividends
Increasing the Price of Stock
Price-Earnings Ratio
Exercising Control through Stock Ownership
End of Chapter Study Guide
Self-Study Review Problem
Required
Solution
Key Terms
Questions
Brief Exercises
LO 11-1
LO 11-2
LO 11-3
LO 11-4
LO 11-5
LO 11-6
LO 11-7
LO 11-8
LO 11-9
Exercises - Series A
LO 11-1
LO 11-1
LO 11-1
LO 11-2
LO 11-2
LO 11-3
LO 11-3
LO 11-4
LO 11-4
LO 11-4
LO 11-4
LO 11-5
LO 11-5
LO 11-6
LO 11-7
LO 11-7
LO 11-8
LO 11-9
LO 11-9
LO 11-9
Problems - Series A
LO 11-1
LO 11-1
LO 11-3, LO 11-6
LO 11-4, LO 11-5
LO 11-3, LO 11-5, LO 11-6
LO 11-2, LO 11-3, LO 11-7
LO 11-4, LO 11-6, LO 11-7
LO 11-3, LO 11-4, LO 11-5, LO 11-6, LO 11-8
LO 11-3, LO 11-4, LO 11-5, LO 11-6, LO 11-7, LO 11-8
LO 11-9
Exercises - Series B
LO 11-1
LO 11-1
LO 11-1
LO 11-2
LO 11-2
LO 11-3
LO 11-3
LO 11-4
LO 11-4
LO 11-4
LO 11-4
LO 11-5
LO 11-5
LO 11-6
LO 11-7
LO 11-7
LO 11-8
LO 11-9
LO 11-9
LO 11-9
Problems - Series B
LO 11-1
LO 11-1
LO 11-3
LO 11-4, LO 11-5
LO 11-3, LO 11-5, LO 11-6
LO 11-2, LO 11-3, LO 11-7
LO 11-4, LO 11-6, LO 11-7
LO 11-3, LO 11-4, LO 11-5, LO 11-6, LO 11-8
LO 11-3, LO 11-4, LO 11-5, LO 11-6, LO 11-7, LO 11-8
LO 11-9
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Comprehensive Problem
Adjustments
Chapter 12: Statement of Cash Flows
Chapter 12 Introduction
Chapter Opening
An Overview of the Statement of Cash Flows
Operating Activities
Investing Activities
Financing Activities
Noncash Investing and Financing Activities
Reporting Format for the Statement of Cash Flows
Preparing a Statement of Cash Flows
Preparing the Operating Activities Section of a Statement of Cash Flows Using the Indirect Method
Indirect Method—Reconciliation Approach
Indirect Method—Rule-Based Approach
Preparing the Operating Activities Section of a Statement of Cash Flows Using the Direct Method
Preparing the Investing Activities Section of a Statement of Cash Flows
Reconciliation of Investment Securities
Reconciliation of Store Fixtures
Reconciliation of Land
Preparing the Financing Activities Section of a Statement of Cash Flows
Reconciliation of Mortgage Payable
Reconciliation of Bonds Payable
Reconciliation of Common Stock
Reconciliation of Retained Earnings
Reconciliation of Treasury Stock
Preparing the Schedule of Noncash Investing and Financing Activities
The Financial Analyst
Real-World Data
End of Chapter Study Guide
Self-Study Review Problem
Key Terms
Questions
Brief Exercises
LO 12-1
LO 12-2
LO 12-3
LO 12-4
Exercises - Series A
LO 12-1
LO 12-1
LO 12-1
LO 12-2
LO 12-2
LO 12-1, LO 12-2
LO 12-1, LO 12-2
LO 12-3
LO 12-3
LO 12-3
LO 12-4
LO 12-4
LO 12-4
Problems - Series A
LO 12-1, LO 12-2
LO 12-3
LO 12-4
LO 12-1, LO 12-3, LO 12-4
LO 12-1, LO 12-3, LO 12-4
LO 12-1, LO 12-3, LO 12-4
LO 12-2, LO 12-3, LO 12-4
LO 12-2, LO 12-3, LO 12-4
Exercises - Series B
LO 12-1
LO 12-1
LO 12-1
LO 12-2
LO 12-2
LO 12-1, LO 12-2
LO 12-1, LO 12-2
LO 12-3
LO 12-3
LO 12-3
LO 12-4
LO 12-4
LO 12-4
Problems - Series B
LO 12-1, LO 12-2
LO 12-3
LO 12-4
LO 12-1, LO 12-3, LO 12-4
LO 12-1, LO 12-3, LO 12-4
LO 12-1, LO 12-3, LO 12-4
LO 12-2, LO 12-3, LO 12-4
LO 12-2, LO 12-3, LO 12-4
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Chapter 13: Financial Statement Analysis- online chapter
Chapter 13 Introduction
Chapter Opening
Factors in Communicating Useful Information
The Users
The Types of Decisions
Information Analysis
Methods of Analysis
Horizontal Analysis
Vertical Analysis
Ratio Analysis
Objectives of Ratio Analysis
Measures of Debt-Paying Ability
Liquidity Ratios
Solvency Ratios
Measures of Profitability
Measures of Managerial Effectiveness
Stock Market Ratios
Earnings per Share
Book Value
Price-Earnings Ratio
Dividend Yield
Other Ratios
Limitations of Financial Statement Analysis
Different Industries
Changing Economic Environment
Accounting Principles
End of Chapter Study Guide
Self-Study Review Problem
Solution to Requirement a
Solution to Requirement b
Solution to Requirement c
Key Terms
Questions
Brief Exercises
LO 13-1
LO 13-2
LO 13-3
LO 13-4
LO 13-5
Exercises - Series A
LO 13-1
LO 13-1
LO 13-1
LO 13-2
LO 13-2
LO 13-2
LO 13-2
LO 13-2, LO 13-3
LO 13-2, LO 13-3
LO 13-3
LO 13-2, LO 13-4
LO 13-5
LO 13-2, LO 13-3, LO 13-4, LO 13-5
LO 13-2, LO 13-3, LO 13-4, LO 13-5
LO 13-2, LO 13-3, LO 13-4, LO 13-5
Problems - Series A
LO 13-1
LO 13-1
LO 13-1
LO 13-2
LO 13-2, LO 13-3
LO 13-5
LO 13-3, LO 13-4, LO 13-5
LO 13-2, LO 13-3, LO 13-4, LO 13-5
LO 13-2, LO 13-3, LO 13-4, LO 13-5
Exercises - Series B
LO 13-1
LO 13-1
LO 13-1
LO 13-2
LO 13-2
LO 13-2
LO 13-2
LO 13-2, LO 13-3
LO 13-2, LO 13-3
LO 13-3
LO 13-2, LO 13-4
LO 13-5
LO 13-2, LO 13-3, LO 13-4, LO 13-5
LO 13-2, LO 13-3, LO 13-4, LO 13-5
LO 13-2, LO 13-3, LO 13-4, LO 13-5
Problems - Series B
LO 13-1
LO 13-1
LO 13-1
LO 13-2
LO 13-2, LO 13-3
LO 13-5
LO 13-3, LO 13-4, LO 13-5
LO 13-2, LO 13-3, LO 13-4, LO 13-5
LO 13-2, LO 13-3, LO 13-4, LO 13-5
Career Readiness
Data Analytics
Excel Resources
Critical Thinking
Appendix A: Accessing the EDGAR Database through the Internet
Appendix A: Accessing the EDGAR Database through the Internet
Appendix B: Portion of the Form 10-K for Target Corporation
Appendix B: Portion of the Form 10-K for Target Corporation
PORTION OF THE FORM 10-K FOR TARGET CORPORATION
Valuation of Inventory and Related Cost of Sales
Valuation of Vendor Income Receivable
Consolidated Statements of Comprehensive Income
Consolidated Statements of Financial Position
Consolidated Statements of Cash Flows
Consolidated Statements of Shareholders’ Investment
Appendix C: Summary of Financial Ratios
Appendix C: Summary of Financial Ratios
Chapter 3
Chapter 4
Chapter 5
Chapter 7
Chapter 9
Chapter 10
Chapter 11
Appendix D: Annual Report and Financial Statement Analysis Projects
Appendix D: Annual Report and Financial Statement Analysis Projects
Annual Report Project for the Target Corporation (see Appendix B for the Target Annual Report)
Financial Statements Project (Selection of Company to be Decided by Instructor)
Appendix E: Accounting for Investment Securities
Appendix E: Accounting for Investment Securities
Types of Investment Securities
Reporting Events that Affect Investment Securities
Financial Statements
Key Terms
Exercises
Required
Required
Required
Required
Required
Required
Appendix F: Time Value of Money
Appendix F: Time Value of Money
Future Value
Present Value
Future Value Annuities
Present Value Annuities
Business Applications
Long-Term Notes Payable
Bond Liabilities: Determine Price
Key Terms
Exercises
Required
Required
Required
Required
Appendix G: Big Data and Data Visualizations Overview
Appendix G Big Data and Data Visualizations Overview
Tableau Demonstration
Conducting Financial Statement Analysis in Tableau
Accounts Receivable Turnover
Assignment
Required
Glossary
Glossary
Index
Index
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Accessibility Content: Text Alternatives for Images
Coverpage Text Alternative (Frontmatter)
Title page Text Alternative (Frontmatter)
Bar Graph Text Alternative (Table of Contents and Preface)
Reality Bytes Text Alternative (Table of Contents and Preface)
Check Yourself Text Alternative (Table of Contents and Preface)
Bar Graph shows Post-COVID Text Alternative (Table of Contents and Preface)
Tutorial Screenshot Text Alternative (Table of Contents and Preface)
A textbook page Text Alternative (Table of Contents and Preface)
A textbook page covers Text Alternative (Table of Contents and Preface)
Career Readiness Text Alternative (Table of Contents and Preface)
Appendix B Text Alternative (Table of Contents and Preface)
End of Chapter Study Guide Text Alternative (Table of Contents and Preface)
Educational Activities Text Alternative (Table of Contents and Preface)
Self-Study Review Problem Study Guide Text Alternative (Table of Contents and Preface)
Trial Balance and Transactions Text Alternative (Table of Contents and Preface)
Excel Worksheet Text Alternative (Table of Contents and Preface)
Exhibit 1.1 Text Alternative (Chapter 1)
Exhibit 1.2 Text Alternative (Chapter 1)
Exhibit 1.4 Text Alternative (Chapter 1)
Sample Financial statements Text Alternative (Chapter 1)
Exhibit 2.5 Text Alternative (Chapter 2)
Exhibit 2.7 continued Text Alternative (Chapter 2)
Exhibit 2.9a Text Alternative (Chapter 2)
Exhibit 2.9b Text Alternative (Chapter 2)
Exhibit 3.10 Text Alternative (Chapter 3)
Cost of good Text Alternative (Chapter 4)
Arley Water Works (Chapter 4)
Exhibit 5.1 Text Alternative (Chapter 5)
Problem 6-21A Text Alternative (Chapter 6)
Problem 6-21A(1) Text Alternative (Chapter 6)
Problem 6-21B Text Alternative (Chapter 6)
Problem 6-21B(1) Text Alternative (Chapter 6)
Exhibit 8.6 Text Alternative (Chapter 8)
Profile of Zena R. Babu Text Alternative (Chapter 9)
Exhibit 9.1 Text Alternative (Chapter 9)
Exhibit 9.3 Text Alternative (Chapter 9)
Exhibit 9.4 Text Alternative (Chapter 9)
Exhibit 11.3 Text Alternative (Chapter 11)
Exhibit 12.4 Text Alternative (Chapter 12)
Table 1 Text Alternative (Chapter 12)
Table 2 Text Alternative (Chapter 12)
Table 3 Text Alternative (Chapter 12)
Table 4 Text Alternative (Chapter 12)
Table 5 Text Alternative (Chapter 12)
Table 6 Text Alternative (Chapter 12)
Table 7 Text Alternative (Chapter 12)
Table 8 Text Alternative (Chapter 12)
Table 9 Text Alternative (Chapter 12)
APPENDIX A Text Alternative (APPENDIX A)
Securities and Exchange Commission (SEC) Text Alternative (Appendix B)
Additional Student Resources
Additional Student Resources