Horngren’s Financial & Managerial Accounting, The Financial Chapters

Cover
 Title Page
 Copyright Page
 About the Authors
 Brief Contents
 Contents
 Changes to This Edition
 Financial & Managerial Accounting ... Expanding on Proven Success
 Instructor and Student Resources
 Acknowledgments
 Chapter 1 Accounting and the Business Environment
 Why Is Accounting Important?
 Decision Makers: The Users of Accounting Information
 Accounting Matters
 What Are the Organizations and Rules That Govern Accounting?
 Governing Organizations
 Generally Accepted Accounting Principles
 The Economic Entity Assumption
 The Cost Principle
 The Going Concern Assumption. The Monetary Unit AssumptionInternational Financial Reporting Standards
 Ethics in Accounting and Business
 What Is the Accounting Equation?
 Assets
 Liabilities
 Equity
 How Do You Analyze a Transaction?
 Transaction Analysis for Smart Touch Learning
 How Do You Prepare Financial Statements?
 Income Statement
 Statement of Retained Earnings
 Balance Sheet
 Statement of Cash Flows
 How Do You Use Financial Statements to Evaluate Business Performance?
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 Return on Assets (ROA)
 Review
 Assess Your Progress
 Critical Thinking
 Chapter 2 Recording Business Transactions. What Is an Account?Assets
 Liabilities
 Equity
 Chart of Accounts
 Ledger
 What Is Double-Entry Accounting?
 The T-Account
 Increases and Decreases in the Accounts
 Expanding the Rules of Debit and Credit
 The Normal Balance of an Account
 Determining the Balance of a T-Account
 How Do You Record Transactions?
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The Origin of the Transactions
 Journalizing and Posting Transactions
 The Ledger Accounts After Posting
 The Four-Column Account: An Alternative to the T-Account
 What Is the Trial Balance?
 Preparing Financial Statements from the Trial Balance. Correcting Trial Balance ErrorsHow Do You Use the Debt Ratio to Evaluate Business Performance?
 Review
 Assess Your Progress
 Critical Thinking
 Chapter 3 The Adjusting Process
 What Is the Difference Between Cash Basis Accounting and Accrual Basis Accounting?
 What Concepts and Principles Apply to Accrual Basis Accounting?
 The Time Period Concept
 The Revenue Recognition Principle
 The Matching Principle
 What Are Adjusting Entries, and How Do We Record Them?
 Deferred Expenses
 Accrued Expenses
 Accrued Revenues
 What Is the Purpose of the Adjusted Trial Balance, and How Do We Prepare It? What Is the Impact of Adjusting Entries on the Financial Statements?How Could a Worksheet Help in Preparing Adjusting Entries and the Adjusted Trial Balance?
 APPENDIX 3A: Alternative Treatment of Recording Deferred Expenses and Deferred Revenues
 What Is an Alternative Treatment of Recording Deferred Expenses and Deferred Revenues?
 Deferred Expenses
 Deferred Revenues
 Review
 Assess Your Progress
 Critical Thinking
 Chapter 4 Completing the Accounting Cycle
 How Do We Prepare Financial Statements?
 Relationships Among the Financial Statements
 Classified Balance Sheet.