会计学原理 英文PDF电子书下载

Chapter 1 INTRODUCTION TO FINANCIAL ACCOUNTING 1

1.1 SCOPE AND PURPOSE OF FINANCIAL ACCOUNTING 3

1.2 OTHER BRANCHES OF ACCOUNTING 5

1.3 ACCOUNTING CAREER OPPORTUNITIES 6

1.4 TYPES OF BUSINESS ENTITY 7

1.5 BUSINESS ACTIVITIES 9

1.6 UNDERLYING CONCEPTS OF FINANCIAL ACCOUNTING 10

1.7 THE ACCOUNTING EQUATION 14

QUESTIONS 20

EXERCISES 20

Chapter 2 FINANCIAL STATEMENTS 31

2.1 INTRODUCTION 33

2.2 CASH BASIS VERSUS ACCRUAL BASIS OF ACCOUNTING 34

2.3 INCOME STATEMENT 36

2.4 STATEMENT OF FINANCIAL POSITION 37

2.5 CLASSIFIED FINANCIAL STATEMENTS 40

QUESTIONS 48

EXERCISES 49

Chapter 3 RECORDING TRANSACTIONS 55

3.1 INTRODUCTION 57

3.2 ACCOUNTING CYCLE 58

3.3 THE ACCOUNT 58

3.4 TWO ACCOUNTING BOOKS:JOURNAL AND LEDGER 62

3.5 CHART OF ACCOUNTS 64

3.6 RECORDING TRANSACTIONS 66

3.7 TRIAL BALANCE 75

QUESTIONS 77

EXERCISES 77

Chapter 4 ADJUSTING AND CLOSING ENTRIES 85

4.1 INTRODUCTION 87

4.2 PREPAID EXPENSES 89

4.3 UNEARNED REVENUES 91

4.4 TWO WAYS OF RECORDING DEFERRALS 93

4.5 ACCRUED EXPENSES 94

4.6 ACCRUED REVENUES 96

4.7 DEPRECIATION 97

4.8 CLOSING ENTRIES 99

4.9 POST-CLOSING TRIAL BALANCE 102

QUESTIONS 104

EXERCISES 105

Chapter 5 PREPARATION OF FINANCIAL STATEMENTS 113

5.1 INTRODUCTION 115

5.2 WORKSHEET FOR A SERVICE FIRM 115

5.3 PREPARATION OF FINANCIAL STATEMENTS 123

5.4 AFTER THE FINANCIAL STATEMENTS ARE PREPARED 125

QUESTIONS 127

EXERCISES 127

Chapter 6 ACCOUNTING FOR MERCHANDISING FIRMS 135

6.1 INTRODUCTION 137

6.2 INVENTORY RECORDING SYSTEM 138

6.3 ACCOUNTING FOR THE PURCHASES OF MERCHANDISE 141

6.4 ACCOUNTING FOR THE SALE OF MERCHANDISE 147

6.5 ADJUSTING AND CLOSING ENTRIES FOR MERCHANDISING FIRMS 151

6.6 WORKSHEET FOR MERCHANDISING FIRMS 154

6.7 FINANCIAL STATEMENTS FOR MERCHANDISING FIRMS 158

QUESTIONS 161

EXERCISES 162

Chapter 7 INTERNAL CONTROL AND CASH 167

7.1 INTRODUCTION 169

7.2 FRAUD 170

7.3 INTERNAL CONTROL 171

7.4 CASH CONTROLS 175

7.5 BANK RECONCILIATION 180

7.6 REPORTING CASH 184

QUESTIONS 186

EXERCISES 187

Chapter 8 INVENTORIES 191

8.1 INTRODUCTION 193

8.2 DETERMINING THE OWNERSHIP OF GOODS 194

8.3 COST-BASED INVENTORY VALUATION METHODS 195

8.4 OTHER INVENTORY VALUATION METHODS 203

QUESTIONS 208

EXERCISES 209

Chapter 9 RECEIVABLES AND PAYABLES 215

9.1 INTRODUCTION 217

9.2 TYPES OF RECEIVABLES AND PAYABLES 217

9.3 RECOGNIZING AND VALUING ACCOUNTS RECEIVABLE 218

9.4 METHODS OF ESTIMATING UNCOLLECTIBLE ACCOUNTS 222

9.5 WRITE-OFF A CUSTOMER'S ACCOUNT 226

9.6 SUBSEQUENT RECOVERY OF WRITTEN OFF RECEIVABLES 227

9.7 PROMISSORY NOTES 228

9.8 DISCOUNTING A NOTE RECEIVABLE 230

9.9 NOTES PAYABLE 232

QUESTIONS 235

EXERCISES 236

Chapter 10 PLANT ASSETS AND INTANGIBLE ASSETS 243

10.1 PLANT ASSETS 245

10.2 DETERMING THE COST OF PLANT ASSETS 245

10.3 EXPENDITURES DURING USEFUL LIFE 247

10.4 DEPRECIATION 248

10.5 MEASUREMENT AFTER RECOGNITION 254

10.6 DISPOSAL OF PLANT ASSETS 256

10.7 IMPAIRMENTS 261

10.8 INTANGIBLE ASSETS 262

10.9 ACCOUNTING FOR INTANGIBLE ASSETS 265

QUESTIONS 268

EXERCISES 269

Chapter 11 LIABILITIES 275

11.1 INTRODUCTION 277

11.2 CURRENT LIABILITIES 278

11.3 NON-CURRENT LIABILITIES 279

11.4 BONDS PAYABLE 280

11.5 PROVISION AND WARRANTY LIABILITIES 290

QUESTIONS 292

EXERCISES 293

Chapter 12 SHAREHOLDERS'EQUITY 297

12.1 INTRODUCTION 299

12.2 TERMINOLOGY 300

12.3 TYPES OF SHARES 301

12.4 SHAREHOLDERS'EQUITY 302

12.5 ISSUANCE OF SHARES 303

12.6 TREASURY SHARES 306

12.7 DIVIDENDS 308

12.8 SHARE SPLIT 311

12.9 RETAINED EARNINGS 312

QUESTIONS 314

EXERCISES 315

Chapter 13 INVESTMENTS 321

13.1 INTRODUCTION 323

13.2 ACCOUNTING FOR INVESTMENTS IN DEBT SECURITIES 324

13.3 ACCOUNTING FOR INVESTMENTS IN EQUITY SECURITIES 326

13.4 VALUING AND REPORTING INVESTMENTS 329

13.5 PRESENTATION OF INVESTMENTS IN THE FINANCIAL STATEMENTS 334

QUESTIONS 337

EXERCISES 337

Chapter 14 STATEMENT OF CASH FLOWS 343

14.1 THE PURPOSE OF THE STATEMENT OF CASH FLOWS 345

14.2 CASH FLOWS BY ACTIVITIES 346

14.3 TYPES OF CASH INFLOWS AND OUTFLOWS 347

14.4 PREPARATION OF THE STATEMENT OF CASH FLOWS 350

14.5 THE INDIRECT METHOD 353

14.6 THE DIRECT METHOD 361

QUESTIONS 365

EXERCISES 366

Terminology 373