No other accounting text takes you further than the best-selling CENTURY 21 ACCOUNTING ADVANCED, 9E. Now, this leading text 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, and QuickBooks, now 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 in this edition prepares you for ethical challenges at the forefront in the field of accounting today. Examples selected by the students like you and drawn from actual companies such as Blockbuster, Trek Bicycles, Procter & Gamble, and Toyota, connect chapter topics to real 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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Table of Contents
PART 1: 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 2: ACCOUNTING ADJUSTMENTS AND VALUATION. 5. A Voucher System. 6. Inventory Planning and Valuation. PART 3: GENERAL ACCOUNTING ADJUSTMENTS. 7. Accounting for Uncollectible Accounts. 8. Accounting for Plant Assets. 9. Accounting for Notes Payable, Prepaid Expenses, and Accrued Expenses. 10. Accounting for Notes Receivable, Unearned Revenue, and Accrue Revenue PART 4: CORPORATION ACCOUNTING. 11. Organizing a Corporation and Paying Dividends. 12. Acquiring Additional Capital for a Corporation. 13. Financial Analysis and Reporting for a Corporation Reinforcement Activity 2. Simulation 2 Description. PART 5: 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 6: 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 7: 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. App. A. Accounting Concepts. App. B. Costco's Financial Statements. App. C. Using a Calculator and Computer Keypad. App. D. Recycling Problems. App. E. Answers to Audit Your Understanding. Glossary. Index.