Principles of Accounting

An introduction to accounting and its concepts recording business transactions adjusting accounts and preparing financial statements the preparation of a worksheet and completion of the accounting cycle adjusting for merchandising operations accounting systems and internal control cash and temporary investment accounting for receivables and payables inventory costing methods plant assets - acquisition and allocation plant asset disposal - natural resources and intangibles payroll systems accounting concepts - effects of inflation accounting for partnerships corporations - organization and operation corporations - other transactions, income and retained earnings accounting for long-term liabilities long-term intercorporate investments, consolidated financial statements and international accounting statement of cash flows analysis of financial statements managerial accounting and business segments accounting for a manufacturing firm cost accumula