1 Introduction To Accounting 2 Analyzing Transactions: The Accounting Equation 3 The Double-entry Framework 4 Journalizing And Posting Transactions 5 Adjusting Entries And The Work Sheet 5A Depreciation Methods 6 Financial Statements And The Closing Process 6A Statement Of Cash Flows 7 Accounting For Cash 7A Internal Controls 8 Payroll Accounting: Employee Earnings And Deductions 9 Payroll Accounting: Employer Taxes And Reports 10 Accounting For Sales And Cash Receipts 11 Accounting For Purchases And Cash Payments 11A The Net-price Method Of Recording Purchases 12 Special Journals 13 Accounting For Merchandise Inventory 13A Perpetual Inventory Method: Lifo And Moving-average Methods 14 Adjustments And The Work Sheet For A Merchandising Business 14A Expense Method Of Accounting For Prepaid Expenses 15 Financial Statements And Year-end Accounting For A Merchandising Business 16 Accounting For Accounts Receivable 17 Accounting For Notes And Interest 18 Accounting For Long-term Assets 19 Accounting For Partnerships 20 Corporations: Organization And Capital Stock 21 Corporations: Taxes, Earnings, Distributions, And The Statement Of Retained Earnings 22 Corporations: Bonds 22A Effective Interest Method 23 Statement Of Cash Flows 23A Statement Of Cash Flows: The Direct Method 24 Analysis Of Financial Statements 25 Departmental Accounting 26 Manufacturing Accounting: The Job Order Cost System 27 Manufacturing Accounting: The Work Sheet And Financial Statements expand_more
Chapter Questions expand_more
Problem 1TF: The matching principle in accounting requires the matching of debits and credits. Problem 2TF Problem 3TF: LO1 As part of the adjustment of supplies, an expense account is debited and Supplies is credited... Problem 4TF: LO1 Depreciable cost is the difference between the original cost of the asset and its accumulated... Problem 5TF: LO1 The purpose of depreciation is to record the assets market value in the accounting records. Problem 1MC: LO1 The purpose of depreciation is to (a) spread the cost of an asset over its useful life. (b) show... Problem 2MC Problem 3MC Problem 4MC Problem 5MC: The first step in preparing a work sheet is to (a) prepare the trial balance. (b) prepare the... Problem 1CE: On December 31, the trial balance indicates that the supplies account has a balance, prior to the... Problem 2CE: LO2 When posting adjusting entries to the general ledger, what is written in the Item column? Problem 3CE Problem 4CE Problem 5CE: LO5 Using the following partial work sheet prepared on December 31, 20--, journalize the adjusting... Problem 6CE Problem 1RQ Problem 2RQ Problem 3RQ Problem 4RQ Problem 5RQ Problem 6RQ Problem 7RQ Problem 8RQ Problem 9RQ: What is an assets depreciable cost? Problem 10RQ Problem 11RQ Problem 12RQ: Identify the five major column headings on a work sheet. Problem 13RQ: List the five steps taken in preparing a work sheet. Problem 14RQ Problem 15RQ: Explain when revenues are recorded under the cash basis, modified cash basis, and accrual basis of... Problem 16RQ Problem 1SEA: ADJUSTMENT FOR SUPPLIES On December 31, the trial balance indicates that the supplies account has a... Problem 2SEA Problem 3SEA: ADJUSTMENT FOR WAGES On December 31, the trial balance shows wages expense of 600. An additional 200... Problem 4SEA: ADJUSTMENT FOR DEPRECIATION OF ASSET On December 1, delivery equipment was purchased for 7,200. The... Problem 5SEA: CALCULATION OF BOOK VALUE On June 1, 20--, a depreciable asset was acquired for 6,840. The asset has... Problem 6SEA: ANALYSIS OF ADJUSTING ENTRY FOR SUPPLIES Analyze each situation and indicate the correct dollar... Problem 7SEA Problem 8SEA: POSTING ADJUSTING ENTRIES Two adjusting entries are in the following general journal. Post these... Problem 9SEA: WORK SHEET AND ADJUSTING ENTRIES A partial work sheet for Jim Jacobs Furniture Repair is shown as... Problem 10SEA: JOURNALIZING ADJUSTING ENTRIES From the Adjustments columns in Exercise 5-9A, journalize the four... Problem 11SEA Problem 12SEA: ANALYSIS OF NET INCOME OR NET LOSS ON THE WORK SHEET Indicate with an X in which columns. Income... Problem 13SEA: CASH, MODIFIED CASH, AND ACCRUAL BASES OF ACCOUNTING Prepare the entry for each of the following... Problem 14SPA: ADJUSTMENTS AND WORK SHEET SHOWING NET INCOME The trial balance after one month of operation for... Problem 15SPA: ADJUSTMENTS AND WORK SHEET SHOWING A NET LOSS Jason Armstrong started a business called Campus... Problem 16SPA: JOURNALIZE AND POST ADJUSTING ENTRIES FROM THE WORK SHEET Refer to Problem 5-15A and the following... Problem 17SPA Problem 1SEB: ADJUSTMENT FOR SUPPLIES On July 31, the trial balance indicates that the supplies account has a... Problem 2SEB: ADJUSTMENT FOR INSURANCE On July 1, a six-month liability insurance policy was purchased for 750.... Problem 3SEB: ADJUSTMENT FOR WAGES On July 31, the trial balance shows wages expense of 800. An additional 150 of... Problem 4SEB: ADJUSTMENT FOR DEPRECIATION OF ASSET On July 1, delivery equipment was purchased for 4,320. The... Problem 5SEB: CALCULATION OF BOOK VALUE On January 1, 20--, a depreciable asset was acquired for 5,760. The asset... Problem 6SEB: ANALY SIS OF ADJUSTING ENTRY FOR SUPPLIES Analyze each situation and indicate the correct dollar... Problem 7SEB: ANALY SIS OF ADJUSTING ENTRY FOR INSURANCE Analyze each situation and indicate the correct dollar... Problem 8SEB: POSTING ADJUSTING ENTRIES Two adjusting entries are shown in the following general journal. Post... Problem 9SEB: WORK SHEET AND ADJUSTING ENTRIES A partial work sheet for Jasmine Kahs Auto Detailing is shown... Problem 10SEB: JOURNALIZING ADJUSTING ENTRIES From the Adjustments columns in Exercise 5-9B, journalize the four... Problem 11SEB: EXTENDING ADJUSTED BALANCES TO THE INCOME STATEMENT AND BALANCE SHEET COLUMNS Indicate with an X... Problem 12SEB Problem 13SEB: CASH, MODIFIED CASH, AND ACCRUAL BASES OF ACCOUNTING For each journal entry shown below, indicate... Problem 14SPB Problem 15SPB Problem 16SPB: JOURNALIZE AND POST ADJUSTING ENTRIES FROM THE WORK SHEET Refer to Problem 5-15B and the following... Problem 17SPB: CORRECTING WORK SHEET WITH ERRORS A beginning accounting student tried to complete a work sheet for... Problem 1MYW: Delia Alvarez, owner of Delias Lawn Service, wants to borrow money to buy new lawn equipment. A... Problem 1MP Problem 1CP format_list_bulleted
College Accounting, Chapters 1-27AccountingISBN:9781337794756Author:HEINTZ, James A.Publisher:Cengage Learning,
Principles of Accounting Volume 1AccountingISBN:9781947172685Author:OpenStaxPublisher:OpenStax College