CHAPTERS IN BOOK

CORRESPONDING WEBSITE CONTENT

1  Accounting: The Language of Business

Intro to Financial Statements          Accounting Concepts & Assumptions                

2  Measuring Income to Assess Performance

Income Statement

3  Recording Transactions

Journal Entries
Recording on a Spreadsheet

4  Accrual Accounting and Financial Statements

Adjusting Entries
The Accounting Cycle

5  Statement of Cash Flows

Cash Flows

6  Accounting for Sales

Accounts Receivable

7  Inventories and Cost of Goods Sold

Inventories

8  Long Lived Assets and Depreciation

Long Lived Assets

9  Liabilities and Interest

Current Liabilities
Long Term Liabilities

10  Stockholder’s Equity

Owner’s Equity

11  Investments and Consolidations

Investments

12  Financial Statement Analysis

Balance Sheet
Income Statement
Cash Flows