Download Financial Accounting by Walter T. Harrison Jr., Charles T. Horngren, C. William PDF

By Walter T. Harrison Jr., Charles T. Horngren, C. William Thomas

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Financial Accounting is helping scholars “nail” the accounting cycle!

Financial Accounting positive factors the ‘accounting cycle’ up entrance within the textual content so one can bring up luck and retention afterward. The ideas and mechanics scholars study within the severe ‘accounting cycle’ chapters are used regularly and repetitively—and with uncomplicated information and explanations—throughout the rest of the textual content, therefore minimizing confusion.

MyAccountingLab for Financial Accounting is an internet homework, instructional, and evaluation software that actually engages scholars in studying. It is helping scholars greater arrange for sophistication, quizzes, and exams—resulting in larger functionality within the course—and presents educators with a dynamic set of instruments for gauging person and sophistication progress.

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This software provides a greater educating and studying event. Financial Accounting, 10th Edition will:

  • Personalize studying with MyAccountingLab: MyAccountingLab offers teachers with a wealthy and versatile set in fact fabrics, in addition to course-management instruments that make it effortless to convey all or a section of your direction on-line.
  • Use consistency, repetition, and a excessive point of element when educating middle accounting strategies.
  • Teach with a greater insurance of the accounting cycle from begin to end. The textual content covers quite a lot of issues that prepares scholars for his or her field.¿
  • Reinforce studying by utilizing exercises: End-of-chapter, analytical, and problem difficulties permits scholars to check the cloth and achieve a greater take hold of of the textual content.

Note: you're paying for a standalone product; MyAccountingLab doesn't come packaged with this content material. if you want to buy either the actual textual content and MyAccountingLab look for ISBN-10: 0133768775/ISBN-13: 9780133768770. That package deal comprises ISBN-10: 0133427536/ISBN-13: 9780133427530 and ISBN-10: 0133437280/ISBN-13: 9780133437287.

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Financial Accounting

ALERT: before you buy, seek advice from your teacher or evaluation your direction syllabus to make sure that you decide the right kind ISBN. numerous models of Pearson's MyLab & getting to know items exist for every name, together with personalized types for person colleges, and registrations will not be transferable.

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Example text

S books at its historical cost of $590,000. , intends to stay in business and use the building, not to sell it, so its historical cost is the most #149446 Cust: Pearson Au: Harrison Pg. No. 8 Title: Server: C/M/Y/K Short / Normal DESIGN SERVICES OF S4carlisle Publishing Services The Financial Statements 9 relevant and the most faithful representation of its carrying value. It is also the most easily verifiable (auditable) amount. Should the company decide to sell the building later at a price above or below its carrying value, it will record the cash received, remove the carrying value of the building from the books, and record a gain or a loss for the difference at that time.

The basic component of paid-in capital is common stock, which the corporation issues to the stockholders as evidence of their ownership. All corporations have common stock. ■ Retained earnings is the amount earned by income-producing activities and kept for use in the business. Three major types of transactions affect retained earnings: revenues, expenses, and dividends. ■ Revenues are inflows of resources that increase retained earnings by delivering goods or services to customers. ’s retained earnings.

Has some other categories of expenses: ■ Operating expenses (line 6) are the costs of everyday operations that are not directly related to merchandise purchases and occupancy. Many expenses may be included in this category, including sales commissions paid to employees, catalog production, mailing costs, warehousing expenses, depreciation, executive salaries, and other home-office expenses. These expenses amounted to $3,836 million during the 12 months ended January 28, 2012. ■ Interest expense, net (line 7) was $69 million for the 12 months ended January 28, 2012.

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