Table of Contents
Introduction 1
Part I: The Questions 3
Chapter 1: Elements of Accounting 5
Chapter 2: Financial Effects of Transactions 17
Chapter 3: The Bookkeeping Cycle 27
Chapter 4: The Bookkeeping Cycle: Adjusting and Closing Entries 45
Chapter 5: Understanding and Reporting Profit 57
Chapter 6: Reporting Financial Conditions on the Balance Sheet 63
Chapter 7: Coupling the Income Statement and the Balance Sheet 73
Chapter 8: Reporting Cash Flows 83
Chapter 9: Reporting Changes in Owners’ Equity 89
Chapter 10: Choosing Accounting Methods 93
Chapter 11: Profit Behavior Analysis 113
Chapter 12: Manufacturing Cost Accounting 131
Chapter 13: Investment Analysis Fundamentals 151
Chapter 14: Financial Statement Analysis 163
Part II: The Answers 179
Chapter 15: Answers and Explanations 181
Index 357