Synopses & Reviews
Transform your accounting course with FUNDAMENTALS OF ACCOUNTING 10E, the leader in accounting education for more than 100 years. Input from educators, accounting professionals, content experts, and accounting students has informed the tenth edition's new critical-thinking activities, real-world applications, updated Accounting instruction, and enhanced online learning solutions, including Online Working Papers and Automated Accounting Online computerized accounting software. FUNDAMENTALS OF ACCOUNTING 10E maintains its renowned instructional design and step-by-step approach to teaching the mechanics of accounting. Greater emphasis on conceptual understanding and financial statement analysis in the tenth edition encourages students to apply accounting concepts to real-world situations and make informed business decisions. New features like Forensic Accounting, Think Like an Accountant, Financial Literacy, and Why Accounting? are a few examples of the expanded opportunities for students to master valued skills, such as critical thinking and technology use, as defined by the Partnership for 21st Century Skills. In addition, commercial technology, integrated throughout the text, equips students to work with Microsoft Excel, Peachtree, QuickBooks, and Automated Accounting Online, with step-by-step instructions and the flexibility to use multiple versions of software. Trust the dedicated leader in accounting education to transform your accounting course with a time-tested instructional design, enhanced digital solutions, and a comprehensive package to address your contemporary classroom needs and prepare your students for success in the 21st century.
Synopsis
No other accounting text takes you further or gives you more. With Fundamentals of Accounting, 9E you place the advantage of more than 100 years of accounting success into your students' hands with the latest from this authoritative leader in accounting education. Each advantage you find within Fundamentals of Accounting, 9E reflects guidance from an instructor Review Board of more than 60 experienced educators, just like you, and input from a first-of-its-kind Student Advisory Board. This edition's fresh, clean presentation addresses your contemporary classroom needs as effectively today as this best-selling text did more than a century ago when it redefined the accounting course. Fundamentals of Accounting starts with the five-column multicolumn journal before moving into special journals in Part Two. The NINTH EDITION'S new student-driven design now integrates commercial technology into the end of every chapter and offers the market's first Online Working Papers, based on your requests. A unique focus on financial literacy and emphasis on character in this edition, as well as actual companies selected by students prepare your class for accounting challenges. Trust the book's unwavering accuracy to ensure a complete text, comprehensive package, and technology solutions with the advantage to move your course and your students ahead in today's times.
About the Author
Claudia B. Gilbertson was a high school instructor for 11 years and a community college instructor for 25 years. Currently retired from North Hennepin Community College, Claudia serves as a consultant for accounting online learning solutions. She is active in the National Business Education Association, North Central Business Education Association, and Minnesota Business Educators, Inc. Mark W. Lehman, assistant professor emeritus of Accountancy at the Richard C. Adkerson School of Accountancy at Mississippi State University, teaches Accounting Information Systems and Forensic Accounting. A former auditor with PricewaterhouseCoopers, Dr. Lehman is a Certified Public Accountant and a Certified Fraud Examiner. Dr. Lehman writes journal articles and consults with accountants on the use of software in fraud detection. He was awarded Outstanding Educator by the Mississippi Society of Certified Public Accountants in 2007. Debra Harmon-Gentene has taught business education at the high school level for 20 years and currently teaches at Mason High School in Ohio. A former community college instructor and corporate training manager, Debra has been active in the National Business Education Association, serving on the Entrepreneurship Standards Committee. Debra recently won the Leavey Award and Warren County's Innovative Teacher of the Year award.
Table of Contents
PART I ACCOUNTING FOR A SERVICE BUSINESS ORGANIZED AS A PROPRIETORSHIP. 1. Starting a Proprietorship: Changes That Affect the Accounting Equation. 2. Analyzing Transactions into Debit and Credit Parts. 3. Journalizing Transactions. 4. Posting to a General Ledger. 5. Cash Control Systems. RA1, Part A - An Accounting Cycle for a Proprietorship: Journalizing and Posting Transactions. 6. Work Sheet and Adjusting Entries for a Service Business. 7. Financial Statements for a Proprietorship. 8. Recording Closing Entries and Preparing a Post-Closing Trial Balance for a Service Business. RA1, Part B - An Accounting Cycle for a Proprietorship: End-of-Fiscal-Period Work. Simulation Marketing Page for Red Carpet Events. PART 2 ACCOUNTING FOR A MERCHANDISING BUSINESS ORGANIZED AS A CORPORATION. 9. Accounting for Purchases and Cash Payments. 10. Accounting for Sales and Cash Receipts. 11. Transactions Journalized on a General Journal. 12. Preparing Payroll Records. 13. Accounting for Payroll and Payroll Taxes. RA2, Part A - An Accounting Cycle for a Corporation: Journalizing and Posting Transactions. 14. Accounting for Uncollectible Accounts Receivable. 15. Preparing Adjusting Entries and a Trial Balance. 16. Financial Statements and Closing Entries for a Corporation. 17. Financial Statement Analysis. RA 2, Part B - An Accounting Cycle for a Corporation: End-of-Fiscal-Period Work. Simulation Marketing Page for Authentic Threads. App. A: Accounting Concepts. App. B: Analyzing Nike's Financial Statements. App. C: Using a Calculator and Computer Keypad. App. D: Recycling Problems. App. E: Answers to Audit Your Understanding. English Glossary. Spanish Glossary. Index.