Accounting (9th Edition)

Book Preface

Students will have more “I Get It!” moments Students understand (or “get it”) right after the instructor does a problem in class. Once they leave the classroom, however, students often struggle to complete the homework on their own. This frustration can cause them to give up on the material altogether and fall behind in the course, resulting in an entire class falling behind as the instructor attempts to keep everyone on the same page.

Replicating the Classroom Experience with Demo Doc Examples The Demo Doc Examples, available in chapters 1 through 4 of the text, consist of entire problems, worked through step-by-step and narrated with the kind of comments that instructors would say in class. Demo Docs will aid students when they are trying to solve exercises and problems on their own, duplicating the classroom experience outside of class.

With the Accounting, Ninth Edition Student Learning System, all the features of the student textbook, study resources, and online homework system are designed to work together to provide students with the consistency and repetition that will keep both the instructor and students on track by providing more “I Get It!” moments inside and outside the classroom.

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Brief Contents
CHAPTER 1 Accounting and the Business Environment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
CHAPTER 2 Recording Business Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62
CHAPTER 3 The Adjusting Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 130
CHAPTER 4 Completing the Accounting Cycle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 198
CHAPTER 5 Merchandising Operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 255
CHAPTER 6 Merchandise Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 311
CHAPTER 7 Internal Control and Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 355
CHAPTER 8 Receivables. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 404
CHAPTER 9 Plant Assets and Intangibles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 452
CHAPTER 10 Current Liabilities and Payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 496
CHAPTER 11 Long-Term Liabilities, Bonds Payable, and Classification of Liabilities on the Balance Sheet . . . . . . . . . . . 529
CHAPTER 12 Corporations: Paid-In Capital and the Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 581
CHAPTER 13 Corporations: Effects on Retained Earnings and the Income Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . 623
CHAPTER 14 The Statement of Cash Flows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 661
CHAPTER 15 Financial Statement Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 722
CHAPTER 16 Introduction to Managerial Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 773
CHAPTER 17 Job Order and Process Costing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 813
CHAPTER 18 Activity-Based Costing and Other Cost Management Tools . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 880
CHAPTER 19 Cost-Volume-Profit Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 924
CHAPTER 20 Short-Term Business Decisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 962
CHAPTER 21 Capital Investment Decisions and the Time Value of Money . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1010
CHAPTER 22 The Master Budget and Responsibility Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1050
CHAPTER 23 Flexible Budgets and Standard Costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1105
CHAPTER 24 Performance Evaluation and the Balanced Scorecard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1151
CHAPTER P Partnerships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . P-1
APPENDIX A 2009 Amazon.com Annual Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A-1
APPENDIX B Present Value Tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B-1
Glindex . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . G-1
Company Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-1