Financial Accounting / Roger H. Hermanson

The basic accounting model. Accounting and its use in business decisions. Recording business transactions. Adjusting the accounts. Completing the accounting cycle: work sheet, closing entries, and classified balance sheet. Merchandising transactions, introduction to inventories, and classified income statement. Measuring and reporting inventories. Accounting systems and special journals. Accounting for assets, liabilities, and stockholder's equity 323. Control of cash. Receivables and payables. Plant assets; natural resources; intangibles. Acounting theory and international accounting. Measurement and reporting os stockholder's equity-paid-in capital and retained earning. Bonds oayable and bond investmens. Stock investment-cost, equity, and consolidations. Analysis and interpretation of financial statements. Statements of cahs flows. Special topics. Single proprietorschips and partnerships. Payroll and federal income taxes