Financial Accounting: Tools for Business Decision Making, 6th Edition International Student Version

소개글

Financial Accounting: Tools for Business Decision Making, 6th Edition International Student Version에 대한 보고서 자료입니다.

목차

Chapter 1: Introduction to Financial Statements
ISVch01.doc…………………………………………47p

Chapter 2: A Further Look at Financial Statements
ISVch02.doc…………………………………………52p

Chapter 3: The Accounting Information System
ISVch03.doc…………………………………………79p

Chapter 4: Accrual Accounting Concepts
ISVch04.doc…………………………………………98p

Chapter 5: Merchandising Operations and the Multiple-Step Income Statement
ISVch05.doc…………………………………………81p

Chapter 6: Reporting and Analyzing Inventory
ISVch06.doc…………………………………………78p

Chapter 7: Fraud, Internal Control, and Cash
ISVch07.doc…………………………………………62p

Chapter 8: Reporting and Analyzing Receivables
ISVch08.doc…………………………………………59p

Chapter 9: Reporting and Analyzing Long-Lived Assets
ISVch09.doc…………………………………………60p

Chapter 10: Reporting and Analyzing Liabilities
ISVch10.doc…………………………………………88p

Chapter 11: Reporting and Analyzing Stockholders\' Equity
ISVch11.doc…………………………………………32p

Chapter 12: Statement of Cash Flows
ISVch12.doc…………………………………………67p

Chapter 13: Financial Analysis: The Big Picture
ISVch13.doc…………………………………………57p

본문내용

CHAPTER 1

Introduction to Financial Statements


Study Objectives

1. Describe the primary forms of business organization.
2. Identify the users and uses of accounting information.
3. Explain the three principal types of business activity.
4. Describe the content and purpose of each of the financial statements.
5. Explain the meaning of assets, liabilities, and stockholders’ equity, and state the basic
accounting equation.
6. Describe the components that supplement the financial statements in an annual report.

Summary of Questions by Study Objectives and Bloom’s Taxonomy

　　≪ 표 ≫

ASSIGNMENT CHARACTERISTICS TABLE

　　≪ 표 ≫

ANSWERS TO QUESTIONS

 1. The three basic forms of business organizations are (1) sole proprietorship, (2) partnership, and
(3) corporation.

 2. Advantages of a corporation are limited liability (stockholders not being personally liable for cor-porate debts), easy transferability of ownership, and easier to raise funds. Disadvantages of a corporation are increased taxation and government regulations.

 3. Proprietorships and partnerships receive favorable tax treatment compared to corporations and are easier to form than corporations. They are also owner controlled. Disadvantages of proprietorships and partnerships are unlimited liability (proprietors/partners are personally liable for all debts) and difficulty in obtaining financing compared to corporations.

 4. Yes. A person cannot earn a living, spend money, buy on credit, make an investment, or pay taxes without receiving, using, or dispensing financial information. Accounting provides financial information to interested users through the preparation and distribution of financial statements.




　≪ … 중 략 … ≫




SOLUTIONS TO BRIEF EXERCISES


BRIEF EXERCISE 1-1

　　　　O　　　　　　　　(a)　　　　Cash received from customers.
　　　　F　　　　　　　　(b)　　　　Cash paid to stockholders (dividends).
　　　　F　　　　　　　　(c)　　　　Cash received from issuing new common stock.
　　　　O　　　　　　　　(d)　　　　Cash paid to suppliers.
　　　　I　　　　　　　　(e)　　　　Cash paid to purchase a new office building.


BRIEF EXERCISE 1-2

(a)　　　　　　　　P　　　　　　　　Shared control, tax advantages, increased skills and resources.
(b)　　　　　　　　SP　　　　　　　　Simple to set up and maintains control with founder.
(c)　　　　　　　　C　　　　　　　　Easier to transfer ownership and raise funds, no personal liability.


BRIEF EXERCISE 1-3

　　　　E　　　　　　　　(a)　　　　Advertising expense
　　　　R　　　　　　　　(b)　　　　Service revenue
　　　　E　　　　　　　　(c)　　　　Insurance expense
　　　　E　　　　　　　　(d)　　　　Salaries and wages expense
　　　　D　　　　　　　　(e)　　　　Dividends
　　　　R　　　　　　　　(f)　　　　Rent revenue
　　　　E　　　　　　　　(g)　　　　Utilities expense
　　　　NSE　　　　　　　　(h)　　　　Cash purchase of equipment
　　　　C　　　　　　　　(i)　　　　Issued common stock for cash.

키워드

financial,   accounting,   business,   decision,   wiley,   weygandt,   kieso,   Kimmel,   솔루션,   기업회계 솔루션