CITATION

Berry, Leonard Eugene. Financial Accounting DeMYSTiFieD. US: McGraw-Hill, 2010.

Financial Accounting DeMYSTiFieD

Published:  November 2010

eISBN: 9780071741972 0071741976 | ISBN: 9780071741026
  • Contents
  • Acknowledgments
  • Introduction
  • Chapter 1 Financial Accounting: The Language of Business
  • Types of Business Enterprises
  • The Profession of Accounting in the United States
  • Need for Financial Information by Businesses
  • Form of Financial Information Provided to Outsiders
  • The Rules for Preparing and Reporting Financial Accounting Information
  • Quiz
  • Chapter 2 Basic Principles of Financial Accounting and Reporting
  • How Accounting Principles Are Established
  • Basic Assumptions of Financial Accounting
  • Basic Accounting Principles for Measuring Financial Accounting Transactions
  • Measuring Income and Expenses Using Accrual Accounting
  • Dual Entity Concept
  • The Accounting Equation
  • Quiz
  • Chapter 3 The Balance Sheet and Income Statement—A Closer Look
  • The Balance Sheet
  • Statement of Changes in Stockholders' Equity
  • Income Statement
  • Quiz
  • Chapter 4 The Accounting Process: Analyzing and Recording Business Transactions
  • The Double-Entry Accounting System
  • Quiz
  • Chapter 5 The Accounting Process: Preparation of the Worksheet, Adjusting and Closing Entries
  • The Accounting Cycle
  • The Trial Balance and the Worksheet
  • An Extended Illustration of the Accounting Cycle
  • Specialized Journals
  • Quiz
  • Chapter 6 Managing and Accounting for Cash and Investments
  • Composition of Cash and Cash Equivalents
  • Valuing and Reporting of Cash and Cash Equivalents
  • Managing Cash
  • Cash Internal Controls
  • Procedures for Preparation of the Bank Reconciliation
  • Petty Cash
  • Investment in Securities
  • Quiz
  • Chapter 7 Accounting for Sales and Receivables
  • Recording Sales and Sales Returns and Allowances
  • Accounting for Sales Warranties
  • Selling Products and Merchandise on Credit
  • Accounting for Uncollectible Receivables
  • Promissory Notes Receivable
  • Uncollectible Notes Receivable
  • Dishonored Notes Receivable
  • Quiz
  • Chapter 8 Accounting for Inventories
  • Inventories in Merchandising and Manufacturing Companies
  • Purchasing and Recording Inventory
  • Inventory Cost Flow Methods
  • Inventory Valuation Methods
  • Quiz
  • Chapter 9 Accounting for Long-Term Assets
  • What Are Plant, Property, and Equipment?
  • Acquisition of Plant, Property, and Equipment
  • Depreciation of Plant and Equipment
  • Disposal of Plant and Equipment
  • Accounting for Intangible Assets
  • Quiz
  • Chapter 10 Accounting for Liabilities
  • Introduction
  • Current Liabilities
  • Long-Term Liabilities
  • Appendix: Time Value of Money
  • Quiz
  • Chapter 11 Accounting for Stockholders' Equity
  • The Corporate Form of Organization
  • Common Terminology
  • Accounting for Common Stock
  • Accounting for Preferred Stock
  • Accounting for Subscribed Common Stock
  • Accounting for Treasury Stock
  • Dividends
  • Stock Splits
  • Retained Earnings
  • Quiz
  • Chapter 12 Statement of Cash Flows
  • Purpose and Importance of the Statement of Cash Flows
  • Statement of Cash Flows Classifications
  • Two Methods for Preparing the Statement of Cash Flows
  • Quiz
  • Chapter 13 Financial Statement Analysis
  • Who Needs to Analyze Financial Statements?
  • Horizontal Analysis
  • Vertical Analysis
  • Ratio Analysis
  • Quiz
  • Final Exam
  • Answers to Quizzes and Final Exam
  • Glossary
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • L
  • M
  • N
  • O
  • P
  • R
  • S
  • T
  • U
  • V
  • W
  • Index