CHAPTER 1 Assets, Liabilities, and Capital
1.1 Nature of Bookkeeping and Accounting
1.2 Basic Elements of Financial Position: The Accounting Equation
CHAPTER 2 Debits and Credits: The Double-Entry System
CHAPTER 3 Journalizing and Posting Transactions
CHAPTER 4 Financial Statements
4.3 Accrual Basis and Cash Basis of Accounting
4.5 Statement of Owner’s Equity
4.6 The Statement of Cash Flows
4.7 Financial Statement Summary
4.8 Classified Financial Statements
CHAPTER 5 Adjusting and Closing Procedures
5.1 Introduction: The Accrual Basis of Accounting
5.2 Adjusting Entries Covering Recorded Data
5.3 Adjusting Entries Covering Unrecorded Data
5.6 Post-Closing Trial Balance
5.7 Bookkeeping and Accounting Cycle
CHAPTER 6 Computer Application: Peachtree Complete® Software Introduction
PART II Special Journals, Ledgers, and the Worksheet
CHAPTER 7 Repetitive Transactions: The Sales and the Purchases Journals
7.3 Special Ledgers (Subsidiary Ledgers)
7.4 Sales Returns and Discounts
7.5 Types of Ledger Account Forms
7.11 Subsidiary Accounts Payable Ledger
8.3 Cash Disbursements Journal
CHAPTER 9 Summarizing and Reporting via the Worksheet
9.2 Worksheet Procedures for a Service Business
CHAPTER 10 The Merchandising Company
10.3 Adjusting Entry Procedures
10.6 Financial Statement Treatment
CHAPTER 11 Costing Merchandise Inventory
11.2 Determining Inventory: Physical Count
11.3 Determining Inventory: Estimation
CHAPTER 12 Pricing Merchandise
12.5 Selling Price as a Basis: Computing Percent Markup
12.8 Turnover—Ratios for Inventory
12.9 Number of Days’ Sales in Inventory
PART IV Specific Bookkeeping and Accounting Topics
CHAPTER 13 Negotiable Instruments
13.2 Methods of Computing Interest
13.3 Accounting for Notes Payable and Notes Receivable
13.5 Dishonored Notes Receivable
13.6 Recording Uncollectible Accounts
13.7 Computing Uncollectible Accounts
13.8 Recovery of Uncollectible Accounts
14.2 Controlling Cash Receipts
14.3 Controlling Cash Disbursements
14.4 Controlling Cash Balances
15.2 Deductions from Gross Pay
CHAPTER 16 Property, Plant, and Equipment: Depreciation
16.2 Depreciation and Scrap Value
PART V Other Business Organizations
17.1 Characteristics of the Partnership
17.2 Formation of the Partnership
17.3 Division of Net Income and Loss
17.4 Admission of a New Partner
17.5 Liquidation of a Partnership
18.1 Characteristics of the Corporation
18.3 Advantages of the Corporate Form
18.4 Disadvantages of the Corporate Form
18.5 Equity Accounting for the Corporation
18.12 Funding by Stock versus Funding by Bonds