Synopses & Reviews
This market-leading college accounting text helps students understand basic business structures and cycles and gain competence in ledger entry and organization. Known for its accuracy, careful pacing, and repetition of terms, concepts, and procedures, the text provides a comprehensive introduction to the business of accounting.
The Eighth Edition retains the popular characteristics of previous editions, while integrating Internet features that support classroom planning and instruction and provide students with real-world business experience. New pedagogical tools, such as web activities and problem-solving exercises, have been added to reflect this integrated approach.New! PowerPoint slides--available on the Instructor and Student web sites, HM ClassPrep CD-ROM, and HMAccounting Student CD-ROM--include forms, tables, and art from the text as well as sample problems and other resources.New! Blackboard Course Cartridges and WebCT CDs provide flexible, efficient, and creative ways to present learning materials and manage distance-learning courses. In addition to course management features, instructors can track student performance electronically and receive assignments via the Internet.New! SMARTHINKING online tutoring provides support for students during typical homework hours. Students may interact live online with an e-structor or submit questions and spreadsheets for feedback within 24 hours.New! The Computer Lab feature allows students to manage accounting transactions for a sole proprietorship business, which helps them gain real-world accounting experience.New! Houghton Mifflin Windows General Ledger Software has been updated to offer complete coverage of accountingconcepts and procedures in a user-friendly computer environment. The GLS allows students to solve selected problems from the text and is available on the new HMAccounting Student CD-ROM.
Synopsis
The Ninth Edition of College Accounting retains the successful characteristics that make it a market leader--accuracy, careful pacing, and repetition of accounting terms, concepts, and procedures--while integrating Internet features that provide students with real-world business experience.
About the Author
(M. Ed., Lewis and Clark College, M.B.A., University of Oregon) Doug has over thirty years of experience teaching accounting at two- and four-year schools, as well as at the high-school level. He has traveled extensively throughout the country, meeting with teachers and students, in order to keep his finger on the pulse of today's classroom needs and concerns. Doug's one-on-one relationships with customers have kept him very close to the market, and he has translated his keen perceptions into the most successful college accounting text published in the last half-century.Pat Bille has been teaching office technology, accounting, and microcomputer applications at Highline Community College for the last 36 years. Before moving to the college's Business Division, Pat began by teaching high school business classes. She has developed an off-campus, self-paced accounting and office occupations lab, has been program director for office occupations and accounting co-op work programs, and has worked in the accounting departments of two large Chicago corporations. She also served as a volunteer accountant in several nonprofit organizations, and worked for her own sole proprietorship. During the last six years she has developed online courses for accounting and microcomputer applications classes and has developed her own web site. She continues to teach online courses to Highline Community College students in Des Moines, Washington. She has co-authored two textbooks, authored a multitude of practice sets and ancillaries, several accounting videos, and a variety of non-accounting publications.
Table of Contents
I. The Accounting Cycle for a Service Business: Analyzing Business Transactions 1. Asset, Liability, Owner's Equity, Revenue, and Expense Accounts 2. T Accounts, Debits and Credits, Trial Balance, and Financial Statements 3. The General Journal and the General Ledger 4. Adjusting Entries and the Work Sheet Appendix A. Methods of Depreciation 5. Closing Entries and the Post-Closing Trial Balance 6. Accounting for Professional Enterprises: The Combined Journal (Optional) II. Accounting for Cash and Payroll 7. Bank Accounts and Cash Funds Appendix B. Bad Debts 8. Employee Earnings and Deductions 9. Employer Taxes, Payments, and Reports III. The Accounting Cycle for a Merchandising Business; Using Special Journals 10. The Sales Journal and the Purchases Journal Appendix C. Sales and Purchases on Account: An Alternative to Special Journals 11. The Cash Receipts Journal and the Cash Payments Journal Appendix D. Cash Receipts and Cash Payments: An Alternative to Special Journals 12. Work Sheet and Adjusting Entries 13. Financial Statements, Closing Entries, and Reversing Entries Appendix E. Inventory Methods Appendix F. Financial Statement Analysis Appendix G. The Statement of Cash Flows IV. Accounting for Promissory Notes 14. Notes Payable 15. Notes Receivable V. Accounting for Valuation of Receivables, Inventory, and Property and Equipment 16. Uncollectible Accounts 17. Ending Merchandise Inventory Appendix H. Estimating the Value of Inventories 18. Property and Equipment Appendix I. The Voucher System of Accounting VI. Accounting for Partnerships and Corporations 19. Partnerships 20. Corporate Organization and Capital Stock 21. Corporate Work Sheets, Taxes, and Dividends 22. Corporate Bonds VII. Accounting for Decision Making and Manufacturing 23. The Statement of Cash Flows--Direct Method Appendix J. Statement of Cash Flows--Indirect Method 24. Comparative Financial Statements 25. Departmental Accounting 26. Manufacturing Accounting