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| Introduction to Financial Statements | |
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| Forms of Business Organization 4Users and Uses of Financial Information | |
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| Business Activities | |
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| Communicating with Users | |
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| A Quick Look at Tootsie Roll's Financial Statements | |
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| A Further Look at Financial Statements | |
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| The Classified Balance Sheet | |
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| Using the Financial Statements | |
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| Financial Reporting Concepts | |
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| The Accounting Information System | |
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| The Accounting Information System | |
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| Accounting Transactions | |
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| The Account | |
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| Steps in the Recording Process | |
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| The Recording Process Illustrated | |
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| The Trial Balance | |
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| Accrual Accounting Concepts | |
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| Timing Issues | |
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| The Basics of Adjusting Entries | |
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| The Adjusted Trial Balance and Financial Statements | |
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| Closing the Books | |
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| Quality of Earnings | |
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| Appendix | |
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| Adjusting Entries in an Automat | |
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| Merchandising Operations and the Multiple-Step Income Statement | |
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| Merchandising Operations | |
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| Recording Purchases of Merchandise | |
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| Recording Sales of Merchandise | |
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| Income Statement Presentation | |
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| Evaluating Profitability | |
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| Appendix | |
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| Periodic Inventory System | |
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| Reporting and Analyzing Inventory | |
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| Classifying Inventory 276Determining Inventory Quantities | |
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| Inventory Costing | |
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| Analysis of Inventory | |
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| Appendix 6A | |
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| Appendix 6B | |
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| Internal Control and Cash | |
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| Fraud and Internal Control | |
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| Cash Controls | |
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| Control Features: Use of a Bank | |
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| Reporting Cash | |
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| Managing and Monitoring Cash | |
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| Appendix | |
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| Operation of the Petty Cash Fund | |
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| Reporting and Analyzing Receivables | |
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| Types of Receivables | |
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| Accounts Receivable | |
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| Financial Statement Presentationof Receivables | |
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| Managing Receivables | |
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| Notes Receivable | |
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| Reporting and Analyzing Long-Lived Assets | |
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| Section One | |
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| Plant Assets | |
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| Determining the Cost of Plant Assets | |
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| Accounting for Plant Assets | |
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| Analyzing Plant Assets | |
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| Section Two | |
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| Intangible Assets | |
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| Accounting for Intangible Assets | |
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| Types of Intangible Assets | |
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| Financial Statement Presentation of Long-Lived Assets | |
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| Appendix | |
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| Calculation of Depreciation Using Other Methods | |
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| Reporting and Analyzing Liabilities | |
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| Reporting and Analyzing Liabilities | |
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| Current Liabilities | |
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| Bonds: Long-Term Liabilities | |
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| Accounting for Bond Issues | |
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| Accounting for Bond Retirements | |
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| Financial Statement Presentation and Analysis | |
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| Straight-Line | |
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| Appendix 10B | |
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| Appendix 10C | |
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| Notes Payable | |
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| Reporting and Analyzing StockholdersG+& Equity | |
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| The Corporate Form of Organization | |
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| Stock Issue Considerations | |
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| Accounting for Treasury Stock | |
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| Preferred Stock | |
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| Retained Earnings | |
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| Financial Statement Presentation of Stockholders' Equity | |
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| Measuring Corporate Performance | |
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| Appendix | |
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| Entries for Stock Divi | |