Financial & Managerial Accounting, 20th Edition
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Financial and Managerial Accounting: The Basis for Business Decisions continues to offer a solid foundation for students who are learning basic accounting concepts. Known for giving equal weight to financial and managerial topics, the authors emphasize the need for a strong foundation in both aspects of accounting. The authors made data driven revisions focusing on where students were struggling and updated content accordingly. Updates have also been made to the high-quality end of chapter problems and new Guided Example hint videos in Connect.
Chapter 2: Basic Financial Statements
Chapter 3: The Accounting Cycle: Capturing Economic Events
Chapter 4: The Accounting Cycle: Accruals and Deferrals
Chapter 5: The Accounting Cycle: Reporting Financial Results
COMPREHENSIVE PROBLEM 1: French Broad Equipment Rentals
Chapter 6: Merchandising Activities
Chapter 7: Financial Assets
Chapter 8: Inventories and the Cost of Goods Sold
COMPREHENSIVE PROBLEM 2: Music-Is-Us, Inc.
Chapter 9: Plant and Intangible Assets
Chapter 10: Liabilities
Chapter 11: Stockholder’s Equity: Paid-in Capital
COMPREHENSIVE PROBLEM 3: Mountain Sports, Inc.
Chapter 12: Revenue Recognition and Reporting Results of Operations
Chapter 13: Statement of Cash Flows
Chapter 14: Financial Statement Analysis
COMPREHENSIVE PROBLEMS 4: Home Depot, Inc.
Chapter 15: Global Business and Accounting
Chapter 16: Management Accounting: A Business Partner
Chapter 17: Job Order Cost Systems and Overhead Allocations
Chapter 18: Process Costing
Chapter 19: Costing and the Value Chain
Chapter 20: Cost-Volume-Profit Analysis
Chapter 21: Incremental Analysis
COMPREHENSIVE PROBLEM 5: Jasper Company
Chapter 22: Responsibility Accounting and Transfer Pricing
Chapter 23: Operational Budgeting
Chapter 24: Standard Cost Systems
Chapter 25: Rewarding Business Performance
COMPREHENSIVE PROBLEM 6: Utease Corporation
Chapter 26: Capital Budgeting
APPENDIX A: Home Depot 2018 Financial Statements
APPENDIX B: The Time Value of Money
APPENDIX C: Forms of Business Organization
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