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| (Note: All chapters end with a Chapter Review.) | |
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| Preface | |
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| Accounting Concepts and Procedures | |
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| Classifying Business Organizations | |
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| Definition of Accounting | |
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| Difference Between Bookkeeping and Accounting | |
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| The Accounting Equation | |
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| Assets, Liabilities, and Equities | |
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| Review | |
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| The Balance Sheet | |
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| Points to Remember in Preparing a Balance Sheet | |
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| Review | |
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| The Accounting Equation Expanded: Revenue, Expenses, and Withdrawals | |
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| Expanded Accounting Equation | |
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| Review | |
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| Preparing Financial Statements | |
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| The Income Statement | |
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| The Statement of Owner's Equity | |
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| The Balance Sheet | |
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| Main Elements of the Income Statement, the Statement of Owner's Equity, and the Balance Sheet 21 | |
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| Review | |
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| Dunkin' Donuts: Time to Make the Donuts | |
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| Debits and Credits | |
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| The T Account | |
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| Balancing art Account | |
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| Review | |
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| Recording Business Transactions: Debits and Credits | |
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| T Account Entries for Accounting in the Accounting Equation | |
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| The Transaction Analysis: Five Steps | |
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| Applying the Transaction Analysis to Cathy Hall's Law Practice | |
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| Review | |
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| The Trial Balance and Preparation of Financial Statements | |
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| The Trial Balance | |
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| Preparing Financial Statements | |
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| Review | |
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| Dunkin Donuts: Time to Put the Debits on the Left . . . | |
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| Beginning the Accounting Cycle | |
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| Analyzing and Recording Business Transactions into a Journal | |
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| of the Accounting Cycle | |
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| The General Journal | |
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| Review | |
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| Posting to the Ledger | |
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| of the Accounting Cycle | |
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| Posting | |
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| Review | |
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| Preparing the Trial Balance | |
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| of the Accounting Cycle | |
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| What to Do if a Trial Balance Doesn't Balance | |
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| Some Common Mistakes | |
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| Making a Correction Before Posting | |
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| Making a Correction After Posting | |
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| Correcting an Entry Posted to the Wrong Account | |
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| Review | |
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| The Accounting Cycle Continued | |
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| of the Accounting Cycle: Preparing a Worksheet | |
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| The Trial Balance Section | |
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| The Adjustments Section | |
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| The Adjusted Trial Balance Section | |
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| The Income Statement Section | |
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| The Balance Sheet Section | |
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| Review | |
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| of the Accounting Cycle: Preparing the Financial Statements from the Worksheet | |
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| Preparing the Income Statement | |
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| Preparing the Statement of Owner's Equity | |
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| Preparing the Balance Sheet | |
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| Review | |
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| Dunkin' Donuts: "I've Been Working on the Worksheet . . ." | |
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| The Accounting Cycle Completed | |
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| Journalizing and Posting Adjusting Entries | |
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| of the Accounting Cycle | |
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| Recording Journal Entries from the Worksheet | |
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| Review | |
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| Journalizing and Posting Closing Entries | |
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| of the Accounting Cycle | |
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| How to journalize Closing Entries | |
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| Review | |
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| Dunkin' Donuts: Closing Time | |
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| The Post-Closing Trial Balance | |
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| of the Accounting Cycle and the Cycle Reviewed | |
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| Preparing a Post Closing Trial Balance | |
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| The Accounting Cycle Reviewed | |
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| Review | |
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| Banking Procedures and Control of Cash | |
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| Bank Procedures, Checking Accounts, and Bank Reconciliations | |
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| Opening a Checking Account | |
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| Check Endorsement | |
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| The Checkbook | |
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| Monthly Recordkeeping: The Bank's Statement of Account and In-Company Records | |
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| The Bank Reconciliation Process | |
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| Trends in Banking | |
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| Review | |
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| The Establishment of Petty Cash and Change Funds | |
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| Making Payments from the Petty Cash Fund | |
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| How to Replenish the Petty Cash Fund | |
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| Setting Up a Change Fund | |