Century 21 Accounting: Advanced, 2012 Update / Edition 9

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Overview

No other accounting text takes you further than the best-selling CENTURY 21 ACCOUNTING ADVANCED 9th Edition, 2012 UPDATE. This leading text now features a student-driven design and presentation with the help of a first-of-its-kind Student Advisory Board. This authoritative leader in accounting education places the advantage of more than 100 years of accounting success into your hands with a fresh, clean presentation. CENTURY 21 ACCOUNTING ADVANCED expands on topics introduced in the first-year course while adding new topics about time value of money, management accounting, cost accounting, not-for-profit accounting, and financial analysis. You'll find commercial technology such as Microsoft Excel, Peachtree(R), and QuickBooks(R) integrated into the end of every chapter to better prepare you for future on-the-job success. A unique focus on financial literacy addresses important business and personal finance topics, while an emphasis on character prepares you for ethical challenges at the forefront in the field of accounting today. Examples selected by students like you and drawn from companies such as Blockbuster, Trek Bicycles, Procter & Gamble, and Toyota connect chapter topics to real-world business experiences. Count on this complete text and its comprehensive learning support for the advantages to move you ahead in today's times.

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Product Details

  • ISBN-13: 9781111989057
  • Publisher: Cengage Learning
  • Publication date: 4/21/2011
  • Series: Accounting II Series
  • Edition description: Older Edition
  • Edition number: 9
  • Pages: 848
  • Sales rank: 1,440,818
  • Product dimensions: 8.40 (w) x 11.00 (h) x 1.30 (d)

Meet the Author

Claudia B. Gilbertson served as a highly effective high school instructor for 11 years and a community college instructor for 25 years. While retired from North Hennepin Community College, Ms. Gilbertson remains active in shaping today's educational processes as she serves as a respected and sought-after consultant for numerous online accounting learning solutions. She is active in the National Business Education Association, North Central Business Education Association, and Minnesota Business Educators, Inc.

Mark W. Lehman, assistant professor emeritus of Accountancy at the Richard C. Adkerson School of Accountancy at Mississippi State University, teaches Accounting Information Systems and Forensic Accounting. A former auditor with PricewaterhouseCoopers, Dr. Lehman is a Certified Public Accountant and a Certified Fraud Examiner. Dr. Lehman writes journal articles and consults with accountants on the use of software in fraud detection. He was awarded Outstanding Educator by the Mississippi Society of Certified Public Accountants in 2007.

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Table of Contents

Part I: DEPARTMENTALIZED ACCOUNTING. 1. Recording Departmental Purchases and Cash Payments. 2. Recording Departmental Sales and Cash Receipts. 3. Calculating and Recording Departmental Payroll Data. 4. Financial Reporting for a Departmentalized Business. Reinforcement Activity 1. Simulation 1 Description. Part II: ACCOUNTING ADJUSTMENTS AND VALUATION. 5. A Voucher System. 6. Inventory Planning and Valuation. 7. Accounting for Uncollectible Accounts. Part III: GENERAL ACCOUNTING ADJUSTMENTS. 8. Accounting for Plant Assets. 9. Accounting for Notes Payable, Prepaid Expenses, and Accrued Expenses. 10. Accounting for Notes Receivable, Unearned Revenue, and Accrued Revenue. 11. Organizing a Corporation and Paying Dividends. Part IV: CORPORATION ACCOUNTING. 12. Acquiring Additional Capital for a Corporation. 13. Financial Analysis and Reporting for a Corporation. Reinforcement Activity 2. Simulation 2 Description. Part V: MANAGEMENT ACCOUNTING. 14. Budgetary Planning and Control. 15. Management Decisions Using Cost-Volume Profit Analysis. 16. Management Decisions Using Present Value Analysis. 17. Financial Statement Analysis. 18. Statement of Cash Flows. Part VI: MANUFACTURING COST ACCOUNTING. 19. Cost Accounting for a Manufacturing Business. 20. Accounting Transactions and Financial Reporting for a Manufacturing Business. Reinforcement Activity 3. Simulation 3 Description. Part VII: OTHER ACCOUNTING SYSTEMS. 21. Organizational Structure of a Partnership. 22. Financial Reporting for a Partnership. 23. Budgeting and Accounting for a Not-for-Profit Organization. 24. Financial Reporting for a Not-for-Profit Organization. Appendix A: Accounting Concepts. Appendix B: Costco's Annual Report. Appendix C: Using a Calculator and Computer Keypad. Appendix D: Recycling Problems. Appendix E: Answers to Audit Your Understanding. Appendix F: Financial Literacy for the 21st Century. Glossary. Index.

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