Accounting Principles

A first course in accounting, this Second Edition features a contemporary focus, authoritative and professional content, computer relevancy, flexibility in coverage, and expanded treatment of managerial accounting. Serves majors and non-majors alike by providing all the basics and preparing the student for intermediate accounting and business courses. Early chapters give excellent illustrations of financial statements and provide interesting perspectives on the classical subjects. Topics include the recording process, internal control and cash, acquisition and depreciation, corporate organization and capital stock transactions, statement analysis, cost-volume-profit relationships, incremental analysis and capital budgeting, and not-for-profit accounting. Incorporates reference material on the use of computers in accounting.