Principles Financial Accounting

Chapter 1 Accounting in Business
Importance of Accounting
Fundamentals of Accounting
Transaction Analysis and the Accounting Equation
Financial Statements
Decision Analysis'Return on Assets


Chapter 2 Analyzing and Recording Transactions
Analyzing and Recording Process
Analyzing and Processing Transactions
Trial Balance
Decision Analysis'Debt Ratio


Chapter 3 Adjusting Accounts and Preparing
Financial Statements
Timing and Reporting
Adjusting Accounts
Preparing Financial Statements
Decision Analysis'Profit Margin


Chapter 4 Completing the Accounting Cycle
Work Sheet As a Tool
Closing Process
Accounting Cycle
Classified Balance Sheet
Decision Analysis'Current Ratio


Chapter 5 Accounting for Merchandising Operations
Merchandising Activities
Accounting for Merchandise Purchases
Accounting for Merchandise Sales
Completing the Accounting Cycle
Financial Statement Formats
Decision Analysis'Acid-Test and Gross Margin Ratios


Chapter 6 Inventories and Cost of Sales
Inventory Basics 
Inventory Costing under a Perpetual System 
Valuing Inventory at Lower of Cost and NRV and the Effects of Inventory Errors 
Decision Analysis'Inventory Turnover and Days' Sales in Inventory 


Chapter 7 Accounting Information Systems
Fundamental System Principles
Components of Accounting Systems
Special Journals in Accounting
Technology-Based Accounting Systems 
Decision Analysis'Segment Return on Assets 


Chapter 8 Cash and Internal Controls
Internal Control
Control of Cash 
Banking Activities as Controls 
Decision Analysis'Days' Sales Uncollected 


Chapter 9 Accounting for Receivables 
Accounts Receivable 
Notes Receivable 
Disposal of Receivables 
Decision Analysis'Accounts Receivable Turnover 


Chapter 10 Long-Term Assets


SECTION 1'PROPERTY, PLANT AND EQUIPMENT
Cost Determination
Depreciation
Measurement Subsequent to Initial Recording
Additional Expenditures
Disposals of Property, Plant and Equipment


SECTION 2'NATURAL RESOURCES


SECTION 3'INTANGIBLE ASSETS
Decision Analysis'Total Asset Turnover 


Chapter 11 Current Liabilities
Characteristics of Liabilities 
Known Liabilities
Estimated Liabilities 
Contingent Liabilities
Decision Analysis'Times Interest Earned Ratio 


Chapter 12 Accounting for Partnerships
Partnership Form of Organization
Basic Partnership Accounting 
Admission and Withdrawal of Partners 
Liquidation of a Partnership 
Decision Analysis'Partner Return on Equity 


Chapter 13 Accounting for Corporations
Corporate Form of Organization 
Ordinary Shares 
Dividends 
Preference Shares
Treasury Shares
Reporting of Equity 
Decision Analysis'Earnings per Share, Price-Earnings
Ratio, Dividend Yield, and Book Value per Share 


Chapter 14 Long-Term Liabilities 
Basics of Bonds
Bond Issuances 
Bond Retirement 
Long-Term Notes Payable
Decision Analysis'Debt Features and the Debt-to-Equity Ratio 


Chapter 15 Investments and International Operations
Basics of Investments 
Held-for-Trading and Available-for-Sale Investments in Equity 
Investments in Debt 
Investment in Equity with Significant Influence 
Investments in Equity with Control 


Chapter 16 Statement of Cash Flows
Basics of Cash Flow Reporting 
Cash Flows from Operating 
Cash Flows from Investing 
Cash Flows from Financing 
Decision Analysis'Cash Flow Analysis 


Chapter 17 Analysis of Financial Statements 
Basics of Analysis 
Horizontal Analysis 
Vertical Analysis 
Ratio Analysis 
Decision Analysis'Analysis Reporting 


Appendix A Financial Statement Information
Nestle
Adidas
Puma


Appendix B Time Value of Money
Glossary 
Credits 
Index