This introductory accounting text presents a complete accounting cycle of a business organized as a corporation. Topics include analyzing transactions, journalizing, posting, petty cash, financial statements and adjusting and closing entries. Accounting concepts are introduced using a modern business with owners that students can relate to in each cycle.
The new edition of Fundamentals of Accounting incorporates a revolutionary instructional model that makes the material more accessible to students. Illustrations appear at the top of each page, with text that refers directly to the illustration directly below. Chapters are broken into easy-to-digest lessons with exercises at the end of each lesson to ensure student comprehension. This new instructional model is simply the best way to teach postsecondary students the real world of accounting! As always, all three accounting cycles are covered when Course 1 and Course 2 texts are combined, giving students a full view of the world of accounting. Course 1 encompasses the first two accounting cycles, while Course 2 includes the third cycle
These problems are to be used in the study of chapters 1-24 of C21 Accounting General Journal Approach. Blank forms are provided for each Recycling Problem. Printed on each page is the number of the problem in the textbook for which the form is to be used. Specific instruction numbers are also shown. The Recycling Problems are in the Appendix D of the textbook. You may be required to use every form that is provided.
These Working Papers are to be used in the study of chapters 18-26. Forms are provided for: Work Together exercises On Your Own excercises Application Problems Mastery Problems Challenge Problems Reinforcement Activities 1 and 2 Printed on each page is the number of the problem in the textbook for which the form is to be used. Also shown is a specific instruction number for which the form is to be used. You may not have to use every form that is provided. The pages are perforated so that they can be removed.
With topics such as management, cost, and not-for-profit accounting, this text builds upon the concepts presented in the first year accounting text. Plus, the tradition of integrating computerized accounting into the course continues here. This text, commonly referred to as "the red book" focuses on corporate accounting in the presentation of material and concepts.
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