Brief Contents
Preface xiv
Chapter 1 Accounting: The Language of Business 2
Chapter 2 Measuring Income to Assess Performance 44
Chapter 3 Recording Transactions 90
Chapter 4 Accrual Accounting and Financial Statements 140
Chapter 5 Statement of Cash Flows 188
Chapter 6 Accounting for Sales 238
Chapter 7 Inventories and Cost of Goods Sold 284
Chapter 8 Long-Lived Assets 338
Chapter 9 Liabilities and Interest 386
Chapter 10 Stockholders’ Equity 448
Chapter 11 Intercorporate Investments and Consolidations 492
Chapter 12 Financial Statement Analysis 532
Glossary G1
Index I1
Photo Credits PC1