Financial Accounting, 9th Edition

Subject Index

A

Accelerated-depreciation method, 438

Accounting

accrual-basis, 104

activities, 4–5

assumptions, 10–11

average salaries in, 31

benefits of studying, 12

for bond issues, 494–498

bond redemptions, 498–500

building blocks of, 7–12

career opportunities, 30–31

cash-basis, 104

for common stock issues, 553–556

for debt investments, 607–609

defined, 4

financial, 6–7

forensic, 31

governmental, 31

long-term notes payable, 500–502

managerial, 6, 30

for merchandising operations, 220–253

for preferred stock, 560–561

private, 30

public, 30

for receivables, 386–407

as recruiting tool, 6

for stock investments, 609–613

for stock transactions, 553–561

for treasury stock, 556–560

Accounting cycle

correcting entries and, 180–181

merchandising operations, 234–236

optional steps in, 179

reversing entries and, 179

steps in, 179

summary of, 178–181

Accounting data, users of, 5–7

Accounting equation

application of, 13

assets in, 13

basic, 12–22

defined, 12–13

expanded, 16

liabilities in, 13

stockholders' equity in, 13–15

underlying framework, 13

using, 15–22

Accounting principle, changes in, 735–736

Accounting reports, 4. See also specific reports

Accounts

adjusting, 102–134

asset, 57

basic form of, 56

chart of, 67–68

contra, 496

contra asset, 57

contra revenue, 232

crediting, 56

debiting, 56

defined, 56

permanent, 172, 177

revenue, 487

T-, 56, 233

temporary, 171, 172, 178

three-column format ...