Synopses & Reviews
Century 21 Accounting Celebrates 95 Years of Excellence! South-Western's 95 years of accounting leadership is the culmination of generations of commitment to teacher and student needs. Why do thousands of teachers choose Century 21 Accounting each year? Content The fundamental accounting content you've come to trust from South-Western remains in the Seventh Edition. Illustration Placement Students often use the illustrations as the starting point for understanding accounting. To meet this need, our illustrations are consistently placed at the top of the page and include step-by-step instructions. The supporting text reinforces concepts presented in the illustrations for complete accounting instruction. South-Western is the only publisher that covers all three concepts of the accounting cycle. The Multicolumn Journal Approach starts with the traditional multicolumn journal through Cycle One and Two and moves into special journals in Cycle Three. Individual Lessons Each chapter is divided into three or four lessons with corresponding assessment activities right at the point of use. These focused lessons improve student comprehension by providing immediate reinforcement of accounting concepts. Automated Accounting in Every Chapter Computerized accounting is a reality in the workplace, and we've responded by moving Automated Accounting sections into every chapter. Students can immediately see the connection between accounting concepts and their automated applications. Many Short Problems In addition to the new end-of-lesson problems, we have introduced several short application problems at the end of each chapter. Students have the opportunity to build their knowledge one step at a time before completing the longer mastery and challenge problems. Century 21 Accounting Multicolumn Journal Approach starts with the traditional multicolumn journal, then moves students into special journals in Cycle Three.
Synopsis
South-Western's 95 years of accounting leadership is the culmination of generations of commitment to individual's needs. South-Western is the only publisher that covers all three concepts of the accounting cycle. The Multicolumn Journal Approach starts with the traditional multicolumn journal through Cycle One and Two and moves into special journals in Cycle Three.
Synopsis
The fundamental accounting content you?ve come to trust from South-Western remains in the Anniversary Edition. Century 21 Accounting Multicolumn Journal Approach starts with the traditional multicolumn journal, then moves students into special journals in Cycle Three. Each chapter is divided into three or four lessons with corresponding assessment activities right at the point of use. Automated Accounting is in every chapter and directions are versatile, allowing this text to be used with Automated Accounting 6.0 Macintosh, 7.0 and 8.0 Windows software.
About the Author
Kenton E. Ross is Professor Emeritus, Department of Accounting, at Texas A&M University--Commerce. He formerly served as Dean of the College of Business and Technology; Director of Business and Economic Research; and Head, Department of Accounting.Claudia B. Gilbertson has taught as a high school instructor for 11 years and as a community college instructor for 13 years. She is currently a teaching professor at North Hennepin Community College.Mark W. Lehman is assistant professor of accountancy at the Richard C. Adkerson School of Accountancy at Mississippi State University where he teaches Accounting Information Systems and Auditing. A former auditor with Price Waterhouse Coopers, Professor Lehman currently incorporates a variety of computer-based projects into his auditing course, using Excel, Access and Power Point.The late Robert D. Hanson was Professor of Business Education and Associate Dean of the College of Business Administration at Central Michigan University.
Table of Contents
Cycle 1 Accounting for a Service Business Organized as a Proprietorship, 1 Starting a Proprietorship, 2 Starting a Propritorship: Changes that Affect Owner's Equity, 3 Analyzing Transactions into Debit and Credit Parts, 4 Recording Transactions in a Genreal Journal, 6 Cash Control Systems, 7 Work Sheet for a Service Business, 8 Financial Statements for a Proprietorship, 9 Recording Adjusting and Closing Entries for a Service Business, Cycle 2 Accounting for a Merchandising Business Organized as a Partnership, 10 Journalizing Purchases and Cash Payments, 11 Journalizing Sales and Cash Receipts, 12 Posting to General and Subsidiary Ledgers, 13 Preparing Payroll Records, 14 Payroll Accounting, Taxes, and Reports, 15 Work Sheet for a Merchandising Business, 16 Financial Statements for a Partnership, 17 Recording Adjusting and Closing Entries for a Partnership, Cycle 3 Accounting for a Merchandising Business Organized as a Corporation, 18 Recording Purchases and Cash Payments Using Special Journals, 19 Recording Sales and Cash Receipts Using Special Journals, 20 Accounting for Uncollectible Accounts Receivable, 21 Accounting for Plant Assets and Depreciation, 22 Accounting for Inventory, 23 Accounting for Notes and Interest, 24 Accounting for Accrued Revenue and Expenses, 25 Distributing Dividends and Preparing a Work Sheet for a Corporation, 26 Financial Statements and End-of Fiscal-Period Entries for a Corporation, Appendices, A Accounting Concepts, B Using a Calculator and Computer Keypad, C Recycling Problems, D Answers to Audit Your Understanding, Glossary, Index