Description
Accounting, Volume 1, Ninth Canadian Edition by Charles T. Horngren EBOOK PDF Instant Download
Table of Contents
Title Page
Copyright Page
About the Authors
Contents
Part 1 The Basic Structure of Accounting
1 Accounting and the Business Environment
Accounting: The Language of Business
Decision Makers: The Users of Accounting Information
The History and Development of Accounting
Ethical Considerations in Accounting and Business
Forms of Business Organizations
Accounting Concepts
The Accounting Equation
Accounting for Business Transactions
Evaluating Business Transactions
The Financial Statements
Relationships among the Financial Statements
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
2 Recording Business Transactions
The Account, the Ledger, and the Journal
Chart of Accounts
Double-Entry Accounting
Increases and Decreases in the Accounts
Expanding the Rules of Debit and Credit: Revenues and Expenses
Normal Balance of an Account
Source Documents—The Origin of Transactions
Posting (Transferring Information) from the Journal to the Ledge
The Trial Balance
Recording Business Transactions Under International Financial Reporting Standards (IFRS)
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
3 Measuring Business Income: The Adjusting Process
Recognition Criteria for Revenues and Expenses
Accrual-Basis Accounting versus Cash-Basis Accounting
Adjusting the Accounts
The Adjusted Trial Balance
Preparing the Financial Statements from the Adjusted Trial Balance
Relationships among the Three Financial Statements
Adjusting-Process Implications of International Financial Reporting Standards (IFRS)
Summary Problem for Your Review
Summary
Chapter 3 Appendix
Assignment Material
Extending Your Knowledge
4 Completing the Accounting Cycle
The Accounting Cycle
Completing the Accounting Cycle
Closing the Accounts
Correcting Journal Entries
Classifying Assets and Liabilities
Accounting Ratios
Accounting-Cycle and Financial-Reporting Implications of IFRS
Summary Problem for Your Review
Summary
Chapter 4 Appendix
Assignment Material
Extending Your Knowledge
5 Merchandising Operations and the Accounting Cycle
What Are Merchandising Operations?
The Operating Cycle for a Merchandising Business
Inventory Systems: Perpetual and Periodic
Accounting for Inventory Purchases in the Perpetual Inventory System
Selling Inventory and Recording Cost of Goods Sold
Adjusting and Closing the Accounts of a Merchandising Business
Preparing a Merchandiser’s Financial Statements
Two Ratios for Decision Making
The Effect of IFRS on Merchandising Operations
Summary Problem for Your Review
Chapter 5 Appendix A
Chapter 5 Appendix B
Chapter 5 Appendix C
Summary
Assignment Material
Extending Your Knowledge
6 Accounting for Merchandise Inventory
Inventory Costing Methods
Inventory Costing in a Perpetual System
Inventory Costing in a Periodic System
Accounting Concepts and Inventories
Other Inventory Issues
Estimating Ending Inventory
Inventory Recording and Reporting Implications of IFRS
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
7 Accounting Information Systems
Effective Accounting Information Systems
How Accounting Systems Work
Special Journals
Special Journals in a Manual System
The Role of the General Journal
Special Journals and Sales Taxes
Implications of IFRS on Accounting Information Systems
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
Comprehensive Problems for Part 1
Part 2 Accounting for Assets and Liabilities
8 Internal Control and Cash
Cash
Internal Control
Internal Control Procedures
The Bank Account as a Control Device
Internal Control over Cash Receipts
Internal Control over Cash Payments
Reporting Cash on the Balance Sheet
Ethics and Accounting
The Effects of IFRS on Cash
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
9 Receivables
Receivables: An Introduction
Accounting for Uncollectible Accounts (Bad Debts)
Credit Balances in Accounts Receivable
Credit-Card and Debit-Card Sales
Notes Receivable: An Overview
Accounting for Notes Receivable
Using Accounting Information for Decision Making
Understanding the Impact of IFRS on Accounts Receivable
Summary Problem for Your Review
Chapter 9 Appendix
Summary
Assignment Material
Extending Your Knowledge
10 Property, Plant, and Equipment; Goodwill; and Intangible Assets
Measuring the Cost of Property, Plant, and Equipment (PPE)
A Lump-Sum (or Basket) Purchase of Assets
Betterments versus Repairs
Measuring Amortization
Other Issues in Accounting for Property, Plant, and Equipment
Disposing of Property, Plant, and Equipment
Internal Control of Property, Plant, and Equipment
Accounting for Natural Resources
Goodwill and Intangible Assets
Ethical Issues: Property, Plant, and Equipment, and Intangible Assets
The Impact of IFRS on Property, Plant, and Equipment, and Intangibles
Summary Problems for Your Review
Summary
Assignment Material
Extending Your Knowledge
11 Current Liabilities and Payroll
Current Liabilities of Known Amount
Current Liabilities that Must Be Estimated
Contingent Liabilities
Ethical Issues in Accounting for Current and Contingent Liabilities
Accounting for Payroll
Gross Pay and Net Pay
Payroll Entries
The Payroll System
Recording Cash Payments for Payroll
Internal Control over Payroll
Reporting Payroll and Other Current Liabilities
The Impact on Current Liabilities of International Financial Reporting Standards (IFRS)
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
Comprehensive Problem for Part 2
Appendix A: Gildan Activewear Inc. 2011 Annual Report
Appendix B: Typical Chart of Accounts for Service Proprietorships
Glossary
