Accounting Principles, 11th Edition

SUBJECT INDEX

A

ABC, see Activity-based costing

Absorption costing, 1055

Accelerated-depreciation method, 480

Accounts, 54–58

chart of, 64–65

correct titles for, 60–61

permanent, 167–168

temporary, 167–168

Accounts payable, 13

as current liabilities, 524

for statement of cash flows, 810

transaction analysis for, 19

Accounts payable (creditors’) subsidiary ledger, 332–335

Accounts receivable, 431–441

disposing of, 438–440

recognizing, 430–432

for statement of cash flows, 809

valuing, 432–438

Accounts receivable (customers’) subsidiary ledger, 332–335

Accounts receivable turnover, 447, 852

Accounting, 4–12

accrual- vs. cash-basis, 100

activities of, 4–5

assumptions in, 10–11, 129

career opportunities in, 29–31

cost, 940

ethics in, 7–8

financial, 894

generally accepted accounting principles, 8–9

managerial, 30. See also Managerial accounting

payroll, 532–543

as recruiting tool, 6

responsibility, see Responsibility accounting

users of accounting data, 5–7

Accounting cycle, 174–177, 573. See also specific steps in cycle

Accounting equation, see Basic accounting equation

Accounting information, in budgeting process, 1076

Accounting reports, 4, 5. See also Financial statements

Accounting systems (accounting information systems), 330–349

cash payments journal, 344–347

cash receipts journal, 339–342

computerized, 330–332

general ledger, 330–331

IFRS and GAAP for, 371–372

manual, 332

purchases journal, 342–344

sales journal, 336–338

special journals, 335–348

subsidiary ledgers, 332–335 ...