Synopses & Reviews
With topics such as management, cost, and not-for-profit accounting, this text builds upon the concepts presented in the first year accounting text. Plus, the tradition of integrating computerized accounting into the course continues here. This text, commonly referred to as the red book focuses on corporate accounting in the presentation of material and concepts.
Synopsis
This seventh edition continues to emphasize corporate accounting. The text integrates accounting practices and related computer skills to prepare advanced students for future employment. The instructional format includes frequent assessment and short units with reinforcement activities
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
Chapter 1-Recording Departmental Purchases and Cash Payments, Chapter 2-Recording Departmental Sales and Cash Receipts, Chapter 3-Calculating and Recording Departmental Payroll Data, Chapter 4-Financial Reporting for a Departmentalized Business, Chapter 5-A Voucher System, Chapter 6-Inventory Planning and Valuation, Chapter 7-Accounting for Uncollectible Accounts, Chapter 8-Accounting for Plant Assets, Chapter 9-Accounting for Notes Payable, Prepaid Expenses, and Accrued Expenses, Chapter 10-Accounting for Notes Receivable, Unearned Revenue, and Accrued Revenue, Chapter 11-Organizing a Corporation and Paying Dividends, Chapter 12-Acquiring Additional Capital for a Corporation, Chapter 13-Financial Anaysis and Reporting for a Corporation, Chapter 14-Budgetary Planning and Control, Chapter 15-Accounting Information for Management Decisions, Chapter 16-Financial statement Analysis, Chaper 17-Statement of Cash Flows, Chapter 18-Cost Accounting for a Merchandising Business, Chapter 19-Cost Accounting for a Manufacturing Business, Chapter 20-Accounting Transactions and Financial Reporting for a Manufacturing Business, Chapter 21-Organizational Structure of a Partnership, Chapter 22-Financial Reporting for a Partnership, Chapter 23-Budgeting and Accounting for a Not-For-Profit Organization, Chapter 24-Financial Reporting for a Not-For-Profit Organization, Appendices-A-Statement of Cah Flows, B-Using a Calculator and Computer Keypad, C-Recycling Problems, D-Answers to Audit Your Understanding, Glossary, Index