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Fundamental financial accounting concepts / Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Edward E. Milam

Enables students to understand how any given business event affects the financial statements. This title presents the financial statements model, which allows students to visualize the simultaneous impact of business events on the key financial statements (the income statement, the balance sheet, an...

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Bibliographic Details
Main Authors: Edmonds, Thomas P. (Author), McNair, Frances M. (Author), Olds, Philip R. (Author), Milam, Edward E. (Author)
Format: Book
Language:English
Published: New York, NY McGraw-Hill Irwin [2013]
Edition:Eighth edition
Subjects:
Accounting
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Table of Contents:
  • An introduction to accounting
  • Accounting for accruals and deferrals
  • The double-entry system
  • Accounting for merchandising businesses
  • Accounting for inventories
  • Internal control and accounting for cash
  • Accounting for receivables
  • Accounting for long-term operational assets
  • Accounting for current liabilities and payroll
  • Accounting for long-term debt
  • Proprietorships, partnerships, and corporations
  • Statement of cash flows
  • Financial statement analysis

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