November 2013
Beginner
864 pages
36h 10m
English
Content preview from Financial Accounting, 9th EditionBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Contents
Chapter 1 Accounting in Action
Feature Story: Knowing the Numbers
The Building Blocks of Accounting
Generally Accepted Accounting Principles
APPENDIX 1A Accounting Career Opportunities
Chapter 2 The Recording Process
Feature Story: Accidents Happen
Steps in the Recording Process
The Recording Process Illustrated
Summary Illustration of Journalizing and Posting
Limitations of a Trial Balance
Chapter 3 Adjusting the Accounts
Feature Story: Keeping Track of Groupons
Accrual- versus Cash-Basis Accounting
Recognizing Revenues and Expenses
The Basics of Adjusting Entries
Adjusting Entries for Deferrals
Adjusting Entries for Accruals
Summary of Basic Relationships
The Adjusted Trial Balance and Financial Statements
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