College Accounting: A Practical Approach Chapters 1-12 with Study Guide and Working Papers
Author: Jeffrey Slater
For College Accounting and Bookkeeping courses. Available in two different volumes; Chapter 1-25 fits best in a two semester course where as the Chapter 1-12 version is best for the one semester courses.
This is the College Accounting book that focuses on getting back to the basics of Accounting.
Table of Contents:
Preface xixAccounting Concepts and Procedures 1
Classifying Business Organizations 5
Definition of Accounting 5
Difference Between Bookkeeping and Accounting 6
The Accounting Equation 6
Assets, Liabilities, and Equities 6
Review 9
The Balance Sheet 10
Points to Remember in Preparing a Balance Sheet 10
Review 11
The Accounting Equation Expanded: Revenue, Expenses, and Withdrawals 12
Expanded Accounting Equation 12
Review 16
Preparing Financial Statements 17
The Income Sta tement 17
The Statement of Owner's Equity 18
The Balance Sheet 18
Main Elements of the Income Statement, the Statement of Owner's Equity, and the Balance Sheet 19
Review 20
Chapter Assignments
Summary of Key Points 24
Key Terms 25
Blueprint: Financial Statements 26
Questions, Classroom Demonstration Exercises, Exercises, and Problems 27
On-the-Job Training 33
Financial Report Problem 35
Continuing Problem 35
Subway Case: A Fresh Start 36
Debits and Credits: Analyzing and Recording Business Transactions 38
The T Account&n bsp; 40
Balancing an Account 41
Review 41
Recording Business Transactions: Debits and Credits 42
T Accounting Entries for Accounting in the Accounting Equation 42
The Transaction Analysis: Five Steps 43
Applying the Transaction Analysis to Mia Wong's Law Practice 44
Review 50
The Trial Balance and Preparation of Financial Statements 52
The Trial Balance 52
Preparing Financial Statements 53
Review 53
Chapter Assignments
Demonstration Problem 56
Summary of Key Points 60
Key Terms 60
Blueprint: Pre paring Financial Statements from a Trial Balance 61
Questions, Classroom Demonstration Exercises, Exercises, and Problems 61
On-the-Job Training 70
Financial Report Problem 71
Continuing Problem 71
Subway Case: Debits on the Left 72
Beginning the Accounting Cycle 74
Analyzing and Recording Business Transactions into a Journal: Steps 1 and 2 of the Accounting Cycle 76
The General Journal 76
Review 82
Posting to the Ledger: Step 3 of the Accounting Cycle 83
Posting 84
Review 85
Preparing the Trial Balance: Step 4 of the Accounting Cycle &nbs p; 90
What to Do if a Trial Balance Doesn't Balance 91
Some Common Mistakes 91
Making a Correction Before Posting 92
Making a Correction After Posting 92
Correcting an Entry Posted to the Wrong Account 93
Review 94
Chapter Assignments
Demonstration Problem: Steps 1-4 of the Accounting Cycle 95
Summary of Key Points 99
Key Terms 99
Blueprint of the First Four Steps of Accounting 100
Questions, Classroom Demonstration Exercises, Exercises, and Problems 101
On-the-Job Training 110
Financial Report Problem 111
Continuing Problem &nbs p; 111
The Accounting Cycle Continued 116
Step 5 of the Accounting Cycle: Preparing a Worksheet 118
The Trial Balance Section 118
The Adjustments Section 119
The Adjusted Trial Balance Section 125
The Income Statement Section 126
The Balance Sheet Section 129
Review 129
Step 6 of the Accounting Cycle: Preparing the Financial Statements from the Worksheet 133
Preparing the Income Statement 133
Preparing the Statement of Owner's Equity 133
Preparing the Balance Sheet 133
Review 133
Chapter Assignments
Demonstration Problem: Steps 5 and 6 of the Accounting Cycle 137
Summary of Key Points 140
Key Terms 140
Blueprint of Steps 5 and 6 of the Accounting Cycle 141
Questions, Classroom Demonstration Exercises, Exercises, and Problems 142
On-the-Job Training 150
Financial Report Problem 151
Continuing Problem 151
Subway Case: Where the Dough Goes... 152
The Accounting Cycle Completed 156
Journalizing and Posting Adjusting Entries: Step 7 of the Accounting Cycle 156
Recording Journal Entries from the Worksheet 156
Review 158
Journalizing and Posting Closing Entries: Step 8 of the Accounting Cycle &n bsp; 159
How to Journalize Closing Entries 160
Review 168
The Post-Closing Trial Balance: Step 9 of the Accounting Cycle and the Cycle Reviewed 169
Preparing a Post-Closing Trial Balance 169
The Accounting Cycle Reviewed 170
Review 170
Chapter Assignments
Demonstration Problem: Reviewing the Accounting Cycle 171
Summary of Key Points 180
Key Terms 181
Blueprint of Closing Process from the Worksheet 181
Questions, Classroom Demonstration Exercises, Exercises, and Problems 181
On-the-Job Training 190
Financial Report Problem 192
Continuin g Problem 192
Subway Case: Closing Time 193
Banking Procedure and Control of Cash 210
Bank Procedures, Checking Accounts, and Bank Reconciliations 212
Opening a Checking Account 212
Check Endorsement 214
The Checkbook 214
Monthly Recordkeeping: The Bank's Statement of Account and In-Company Records 215
The Bank Reconciliation Process 218
Trends in Banking 220
Review 222
The Establishment of Petty Cash and Change Funds 225
Setting Up the Petty Cash Fund 225
Making Payments from the Petty Cash Fund 225
How to Replenish the Petty Cash Fund 226
Setting Up a Change Fund and Insight into Cash Short and Over 228
Review 231
Chapter Assignments
Summary of Key Points 232
Key Terms 233
Blueprint: A Bank Reconciliation 234
Questions, Classroom Demonstration Exercises, Exercises, and Problems 234
On-the-Job Training 240
Financial Report Problem 241
Continuing Problem 241
Subway Case: Counting Down the Cash 244
Calculating Pay and Payroll Taxes: The Beginning of the Payroll Process 246
Calculation of Gross Earnings, Employee Withholding Taxes, and Net Pay 248
Gross Earnings &n bsp; 249
Federal Income Tax Withholding 250
State Income Tax Withholding 251
Other Income Tax Withholding 252
Employee Withholding for Social Security Taxes 254
Other Withholdings 255
Net Pay 255
Review 256
Preparing a Payroll Register and Employee Earning Record 256
The Payroll Register 256
The Employee Earnings Record 258
Review 258
Employer Payroll Tax Expense 258
Employer Withholding for Social Security Taxes 258
FUTA and SUTA 260
Workers' Compensation Insurance 261
Review &n bsp; 262
Chapter Assignments
Summary of Key Points 262
Key Terms 263
Blueprint for Recording Transactions in a Payroll Register 265
Questions, Classroom Demonstration Exercises, Exercises, and Problems 266
On-the-Job Training 272
Financial Report Problem 272
Continuing Problem 272
Subway Case: Payroll Records: A Full-Time Job? 273
Paying, Recording, and Reporting Payroll and Payroll Taxes: The Conclusion of the Payroll Process 274
Recording Payroll and Payroll Tax Expense and Paying the Payroll 276
Recording Payroll 277
Recording Payroll Tax Expense 279
Paying the Payro ll and Recording the Payment 279
Review 281
Paying FIT and FICA Taxes and Completing the Employer's Quarterly Federal Tax Return, Form 941 281
Paying FIT and FICA Taxes 282
Completing the Employer's Quarterly Federal Tax Return, Form 941 287
Review 290
Preparing Forms W-2 and W-3, Paying FUTA Tax and Completing the Employer's Annual Federal Unemployment Tax Return, Form 940 EZ, and Paying SUTA Tax and Workers' Compensation Insurance 291
Preparing Form W-2: Wage and Tax Statement 291
Preparing Form W-3: Transmittal of Income and Tax Statements 292
Paying FUTA Tax 293
Completing the Employer's Annual Federal Unemployment (FUTA) &nb sp;294
Tax Return, Form 940-EZ 294
Paying SUTA Tax 297
Paying Workers' Compensation Insurance 297
Review 298
Chapter Assignments
Summary of Key Points 298
Key Terms 299
Blueprint: Form 941 Tax Deposit Rules 300
Questions, Classroom Demonstration Exercises, Exercises, and Problems 302
On-the-Job Training 312
Financial Report Problem 313
Continuing Problem 313
Subway Case: Hold the Lettuce, Withhold the Taxes 314
Sales and Cash Receipts 316
Chou's Toy Shop: Seller's View of a Merchandise Company 318
Gross Sales &n bsp; 318
Sales Returns and Allowances 318
Sales Discount 318
Sales Tax Payable 320
Review 321
Recording and Posting Sales Transactions on Account for Art's Wholesale Company: Introduction to Subsidiary Ledger and Credit Memorandum 322
The Analysis 322
Accounts Receivable Subsidiary Ledgers 323
The Credit Memorandum 326
Review 327
Recording and Posting Cash Receipt Transactions for Art's Wholesale: Schedule of Accounts Receivable 328
Schedule of Accounts Receivable 331
Review 331
Chapter Assignments
Summary of Key Points 333
Key Terms&nb sp; 333
Blueprint: Transferring Information from the General Journal 334
Questions, Classroom Demonstration Exercises, Exercises, and Problems 335
On-the-Job Training 343
Financial Report Problem 344
Continuing Problem 345
Purchases and Cash Payments 348
Chou's Toy Shop: Buyer's View of a Merchandise Company 350
Purchases 350
Purchases Returns and Allowance 350
Review 352
Recording and Posting Purchases Transactions on Account for Art's Wholesale Clothing Company: Introduction to Subsidiary Ledgers and Debit Memorandum 353
Accounts Payable Subsidiary Ledger 355Debit Memorandum 358
Review 359
Recording and Posting Cash Payments Transactions for Art's Wholesale: Schedule of Accounts Payable 361
Review 362
Introduction to a Merchandise Company Using a Perpetual Inventory System 365
Introduction to the Merchandise Cycle 365
What Inventory System Wal-Mart Uses 365
Recording Merchandise Transactions 366
Review 370
Chapter Assignments
Summary of Key Points 372
Key Terms 373
Blueprint 373
Questions, Classroom Demonstration Exercises, Exercises, and Problems 374
On-the-Job Training 386
Finan cial Report Problem 386
Continuing Problem 386
Preparing a Worksheet for a Merchandise Company 388
Adjustments for Merchandise Inventory and Unearned Rent 390
Adjustment for Merchandise Inventory 391
Adjustment for Unearned Rent 391
Review 393
Completing the Worksheet 393
Review 402
Chapter Assignments
Summary of Key Points 404
Key Terms 404
Blueprint: A Worksheet for a Merchandise Company 405
Questions, Classroom Demonstration Exercises, Exercises, and Problems 405
On-the-Job Training 413
Financial Report Problem &n bsp; 415
Continuing Problem 415
A Worksheet for Art's Wholesale Clothing Co. Using a Perpetual Inventory System 417
Completion of the Accounting Cycle for a Merchandise Company 420
Preparing Financial Statements 422
The Income Statement 422
Statement of Owner's Equity 424
The Balance Sheet 424
Review 427
Journalizing and Posting Adjusting and Closing Entries; Preparing the Post-Closing Trial Balance 429
Journalizing and Posting Adjusting Entries 429
Journalizing and Posting Closing Entries 432
The Post-Closing Trial Balance 433
Review 433
Reversing Entr ies (Optional Section) 436
Review 437
Chapter Assignments
Summary of Key Points 438
Key Terms 438
Questions, Classroom Demonstration Exercises, Exercises, and Problems 439
Blueprint: Financial Statements 441
On-the-Job Training 449
Financial Report Problem 450
Continuing Problem 450
Mini Practice Set
The Corner Dress Shop 452
Kellogg Financial Report A-2
Special Journals with Problem Material B-2
Index I-1
Photo Credits P-1
Interesting book: Essentials of Business Law and The Legal Environment or Diagnosing Organizational Culture Instrument
Electronic Commerce
Author: Gary Schneider
Electronic Commerce, Seventh Edition covers emerging online technologies and trends and their influence on the electronic commerce marketplace. This edition highlights important security issues, such as spam and phishing, their role in organized crime and terrorism, identity theft, and online payment fraud. The pedagogical value of this new edition is enhanced through a fresh 4-color interior, and new and updated material that balances the technological with the strategic aspects of successful e-commerce.
Table of Contents:
1: Introduction to Electronic Commerce2: Technology Infrastructure: The Internet and the World Wide Web
3: Selling on the Web: Revenue Models and Building a Web Presence
4: Marketing on the Web
5: Business-to-Business Strategies: From Electronic Data Interchange to Electronic Commerce
6: Online Auctions, Virtual Communities, and Web Portals
7: The Environment of Electronic Commerce: Legal, Ethical, and Tax Issues
8: Web Server Hardware and Software
9: Electronice Commerce Software
10: Security for Electronice Commerce
11: Payment Systems for Electronic Commerce
12: Planning for Electronic Commerce
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