Accounting Principles I (Cliffs Quick Review) - Study Notes

CliffsQuickReview course guides cover the essentials of your toughest classes. Get a firm grip on core concepts and key material, and test your newfound knowledge with review questions.

CliffsQuickReview Accounting Principles I is your logical, easy-to-grasp guide to understanding the language of business. This guide introduces each topic, defines key terms, and walks you through each sample problem step-by-step. In no time, you'll be ready to tackle the key concepts in this book such as

• Generally accepted accounting principles
• Double-entry bookkeeping
• Adjustments and financial statements
• Inventory systems
• Subsidiary ledgers and special journals
• Cash controls
• Evaluating accounts receivable
• Operating assets

CliffsQuickReview Accounting Principles I acts as a supplement to your textbook and to classroom lectures. Use this reference in any way that fits your personal style for study and review — you decide what works best with your needs. Whether you read the book from cover to cover or focus on select topics, you always get clear, jargon-free explanations of the fundamentals, supplemented with equations, charts, and tables.

With titles available for all the most popular high school and college courses, CliffsQuickReview guides are a comprehensive resource that can help you get the best possible grades.

Elizabeth A. Minbiole, CPA, MBA, is an associate professor at Northwood University in Midland, Michigan,where she teaches accounting principles, cost accounting, and financial statement analysis; as well as managerial accounting in the Richard DeVos Graduate School of Management.

Principles of Accounting.

Analyzing and Recording Transactions.

Adjustments and Financial Statements.

Completion of the Accounting Cycle.

Accounting for a Merchandising Company.

Subsidiary Ledgers and Special Journals.

Cash.

Receivables.

Inventory.

Operating Assets.