Chapter 1: Accounting in Business 2

Chapter 2: Analyzing and Recording Transactions 46

Chapter 3: Adjusting Accounts and Preparing Financial Statements 92

Chapter 4: Completing the Accounting Cycle 134

Chapter 5: Accounting for Merchandising Operations 176

Chapter 6: Inventories and Cost of Sales 220

Chapter 7: Accounting Information Systems 260

Chapter 8: Cash and Internal Controls 306

Chapter 9: Accounting for Receivables 348

Chapter 10: Plant Assets, Natural Resources, and Intangibles 380

Chapter 11: Current Liabilities and Payroll Accounting 422

Chapter 12: Accounting for Partnerships 466

Chapter 13: Accounting for Corporations 494

Chapter 14: Long-Term Liabilities 546

Chapter 15: Investments and International Operations 590

Chapter 16: Reporting the Statement of Cash Flows 624

Chapter 17: Analysis of Financial Statements 672

Chapter 18: Managerial Accounting Concepts and Principles 712

Chapter 19: Job Order Cost Accounting 752

Chapter 20: Process Cost Accounting 788

Chapter 21: Cost Allocation and Performance Measurement 830

Chapter 22: Cost-Volume-Profit Analysis 870

Chapter 23: Master Budgets and Planning 902

Chapter 24: Flexible Budgets and Standard Costs 940

Chapter 25: Capital Budgeting and Managerial Decisions 982

Appendix A: Financial Statement Information A-1

Appendix B: Present and Future Values in Accounting B-1