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OLC Edmonds FFAC 7/e
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Fundamental Financial Accounting Concepts - OLC, 7/e

Thomas P. Edmonds, University of Alabama--Birmingham
Philip R. Olds, Virginia Commonwealth University
Frances M. McNair, Mississippi University

ISBN: 0073527122
Copyright year: 2011

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Fundamental Financial Accounting Concepts not only teaches students how to journalize transactions but also explains how the journal entries affect the financial statements. The text provides coverage of debits and credits, journal entries, T-accounts, and trial balances. Beyond these traditional topics, it also employs a financial statements model to ensure that students learn how accounting events affect financial statements. Students are often overwhelmed by the amount of information presented in the introductory financial accounting course; with the highly praised "financial statements model" in Edmonds, students are able to visualize the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows).

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