,TABLEOFCONTENTS
Chapter 1. Accounting in Action
b b b b
b Chapter2.TheRecordingProcess
b b b b
b Chapter3.AdjustingtheAccounts
b b b b
Chapter4.CompletingtheAccountingCycle
b b b b b
Chapter5.AccountingforMerchandisingOperations Chapter
b b b b b b
6. Inventories
b b
Chapter7.Fraud,InternalControlandCash
b b b b b b
Chapter 8. Accounting for Receivables
b b b b b
Chapter9.PlantAssets,NaturalResourcesandIntangibleAssets
b b b b b b b b
Chapter 10. Liabilities
b b b
Chapter11.Corporations:Organisations,StockTransactionsand
b b b b b b
Stockholders‘Equity
b b
,Chapter12.StatementofCashFlows
b b b b b
Chapter13.FinancialAnalysis:TheBigPicture
b b b b b b
,CHAPTER1
AccountinginAction b b
ASSIGNMENTCLASSIFICATIONTABLE b b
Brief A
Learning Objectives b Questions Exercises
b Do It!
b Exercises Problems
1. Identify the activities
b b b 1, 2, 3, 4, 5
b b b b 1 1, 2b
b andusers associated b
b with accounting.
b
2. Explain the building blocks of 6, 7, 8, 9, 10
b b b b b b b b b 2 3, 4b
b accounting: ethics,
b principles,and assumptions. b
3. State the accounting
b b b 11, 12, 13, 14.
b b b 1, 2, 3, 4, 5
b b b b 3 5
b equation, and define b b 22
b itscomponents.
4. Analyze the effects of b b b 15, 16, 18
b b 6, 7, 8, 9
b b b 4 6, 7, 8
b b 1A, 2A, 4A,
b b
b business transactions on b b 5A
b theaccounting equation. b
5. b Describe the four financialb b b
17, 19, 20, 21,
b b b 10, 11 b 5 8, 9, 10, 11,
b b b 2A, 3A, 4A,
b b
bstatements and how they b b b
12, 13, 14, 15,
b b b 5A
bareprepared. 16, 17, 18
b b