Horngren’s Financial & Managerial Accounting, The Financial Chapters

✍ Scribed by Matsumura, Ella Mae; Mattison, Brenda L.; Miller-Nobles, Tracie L.

• Publisher: Pearson
• Year: 2018
• Tongue: English
• Leaves: 975
• Edition: 6th, global
• Category: Library

✦ Synopsis

For courses in Financial and Managerial Accounting. Expanding on proven success with Horngren's financial and managerial accounting Horngren's Financial and Managerial Accounting, The Financial Chapters presents the core content of principles of accounting courses in a fresh format designed to help today's learners succeed. As teachers first, the author team knows the importance of delivering a student experience free of obstacles. Their pedagogy and content uses leading methods in teaching students critical foundational topics and concentrates on improving student results--all tested in cla.  Read more...

✦ Table of Contents

Cover
Title Page
Copyright Page
About the Authors
Brief Contents
Contents
Changes to This Edition
Financial & Managerial Accounting ... Expanding on Proven Success
Instructor and Student Resources
Acknowledgments
Chapter 1 Accounting and the Business Environment
Why Is Accounting Important?
Decision Makers: The Users of Accounting Information
Accounting Matters
What Are the Organizations and Rules That Govern Accounting?
Governing Organizations
Generally Accepted Accounting Principles
The Economic Entity Assumption
The Cost Principle
The Going Concern Assumption. The Monetary Unit AssumptionInternational Financial Reporting Standards
Ethics in Accounting and Business
What Is the Accounting Equation?
Assets
Liabilities
Equity
How Do You Analyze a Transaction?
Transaction Analysis for Smart Touch Learning
How Do You Prepare Financial Statements?
Income Statement
Statement of Retained Earnings
Balance Sheet
Statement of Cash Flows
How Do You Use Financial Statements to Evaluate Business Performance?
Kohlâ#x80
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s Corporation
Return on Assets (ROA)
Review
Assess Your Progress
Critical Thinking
Chapter 2 Recording Business Transactions. What Is an Account?Assets
Liabilities
Equity
Chart of Accounts
Ledger
What Is Double-Entry Accounting?
The T-Account
Increases and Decreases in the Accounts
Expanding the Rules of Debit and Credit
The Normal Balance of an Account
Determining the Balance of a T-Account
How Do You Record Transactions?
Source Documentsâ#x80
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The Origin of the Transactions
Journalizing and Posting Transactions
The Ledger Accounts After Posting
The Four-Column Account: An Alternative to the T-Account
What Is the Trial Balance?
Preparing Financial Statements from the Trial Balance. Correcting Trial Balance ErrorsHow Do You Use the Debt Ratio to Evaluate Business Performance?
Review
Assess Your Progress
Critical Thinking
Chapter 3 The Adjusting Process
What Is the Difference Between Cash Basis Accounting and Accrual Basis Accounting?
What Concepts and Principles Apply to Accrual Basis Accounting?
The Time Period Concept
The Revenue Recognition Principle
The Matching Principle
What Are Adjusting Entries, and How Do We Record Them?
Deferred Expenses
Accrued Expenses
Accrued Revenues
What Is the Purpose of the Adjusted Trial Balance, and How Do We Prepare It? What Is the Impact of Adjusting Entries on the Financial Statements?How Could a Worksheet Help in Preparing Adjusting Entries and the Adjusted Trial Balance?
APPENDIX 3A: Alternative Treatment of Recording Deferred Expenses and Deferred Revenues
What Is an Alternative Treatment of Recording Deferred Expenses and Deferred Revenues?
Deferred Expenses
Deferred Revenues
Review
Assess Your Progress
Critical Thinking
Chapter 4 Completing the Accounting Cycle
How Do We Prepare Financial Statements?
Relationships Among the Financial Statements
Classified Balance Sheet.