Chapter 1 Introduction to the Financial Statements
Learning Objectives
Chapter Opening
1.1 Types of Business Organization
1.2 Several Key Accounting Principles
1.2.1 Measurement Rules
1.2.2 Reporting Entities
1.2.3 Historical Cost Principle
1.2.4 Reliability Principle
1.2.5 Conservatism Principle
1.2.6 Materiality Principle
1.2.7 Going Concern Assumption and Periodicity Assumption
1.2.8 Matching Principle
1.3 Elements of Financial Statements
1.3.1 Using Accounts to Gather Information
1.3.2 Assets，Income，and Claims on Assets
1.4 The Accounting Equation
1.5 The Horizontal Financial Statements Model
1.5.1 Transaction Analysis Using Financial Statements Effects Tables(FSET)
1.5.2 Types of Transactions
1.5.3 Summary of Transactions
1.6 Preparing Financial Statements
1.6.1 Income Statement
1.6.2 Statement of Changes in Stockholders’Equity
1.6.3 Balance Sheet
1.6.4 Statement of Cash Flows
1.6.5 HOW the Four Financial Statements Interrelate
1.6.6 The Closing Process
1.7 Summary
Self—study Review Problem
Solutions to Self—study Problems
Exerc；ses
Chapter 2 Accounting for Accrual Events
Learning Objectives
Chapter Opening
2 1 Accrual Accounting
2.1.1 Accounting for Accounts Receivable
2.1.2 Accounting for Accrued Salary Expense
2.1.3 Other Events
2.1.4 Summary of Events
2.2 The General Ledger
2.3 Vertical Statements Model
2.4 The Closing Process
2.5 Steps in an Accounting Cycle
2.6 The Matching Concept
2.7 Summary
Self—study Review Problem
Solutions to Self—study Problems
Exercises
Chapter 3 Accounting for Deferral Events
Learning Objectives
Chapter Opening
3.1 Deferral Accounting
3.1.1 Accounting for Receipt of Unearned Revenue
3.1.2 Accounting for Supplies Purchase
3.1.3 Prepaid Items
3.2 Adjusting Entries
3.2.1 Accounting for Depreciation Expense
3.2.2 Accounting for Supplies
3.2.3 Accounting for Prepaid Rent
3.2.4 Accounting for Unearned Revenue
3.3 The General Ledger
3.4 Vertical Statements Model
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Chapter 4 Understanding the Debit-credit System
Chapter 5 Accounting for Merchandising Events
Chapter 6 Accounting for INventories
Chapter 7 Short-term Recelvobles and Payables
Chapter 8 Accounting for Long-term Assets
Chapter 9 Accounting for long-term Debt
Chapter 10 Accounting for Equity
