PART 1. ACCOUNTING CYCLE FOR A SERVICE BUSINESS ORGANIZED AS A PROPRIETORSHIP.

1. Starting a Proprietorship: Changes That Affect Owner's Equity.
2. Analyzing Transactions into Debit and Credit Parts.
3. Journalizing Transactions.
4. Posting to a General Ledger.
5. Cash Control Systems.
6. Work Sheet for a Service Business.
7. Financial Statements for a Proprietorship.
8. Recording Adjusting and Closing Entries for a Service Business.

PART 2. ACCOUNTING CYCLE FOR A MERCHANDISING BUSINESS ORGANIZED AS A CORPORATION.

9. Journalizing Purchases and Cash Payments.
10. Journalizing Sales and Cash Receipts.
11. Posting to General and Subsidiary Ledgers.
12. Preparing Payroll Records.
13. Payroll Accounting, Taxes, and Reports.
14. Work Sheet for a Merchandising Business.
15. Financial Statements for a Corporation.
16. Recording Adjusting and Closing Entries for a Corporation.

PART 3. ACCOUNTING CYCLE FOR A MERCHANDISING BUSINESS ORGANIZED AS A CORPORATION--ADJUSTMENTS AND VALUATION.

17. Accounting for Uncollectible Accounts Receivable.
18. Accounting for Plant Assets and Depreciation.
19. Accounting for Inventory.
20. Accounting for Notes and Interest.
21. Accounting for Accrued Revenue and Expenses.
22. End-of-Fiscal-Period Work for a Corporation.

PART 4. ADDITIONAL ACCOUNTING PROCEDURES.

23. Accounting for Partnerships.
24. Recording International Sales and Electronic Transactions.

APPENDICES.

A. Cash Flow Statement.
B. Annual Reports.
C. Accounting Concepts.
D. Using a Calculator and Computer Keypad.
E. Recycling Problems.
F. Answers to Audit Your Understanding.

Glossary.
Index.