Includes index.

Contents : Accounting in business -- Analyzing and recording transactions -- Adjusting accounting and preparing financial statements -- Completing the Accounting cycle -- Accounting for merchandising operation -- Inventories and cost of sales -- Accounting information systems -- Cash and internal controls -- Accounting for receivables -- Plant assets,natural resources,and intangibles -- current liabilities and payroll accounting -- Accounting partnerships -- Accounting corporations -- Long-term liabilities -- Investments and international operations -- Reporting the statement of cash flows -- Analysis of financial statements -- Managerial accounting concepts and principles -- Job order cost accounting -- Process cost accounting -- Cost allocation and performance measurement -- Cost-volume-profit analysis -- Master budgets and planning -- Flexible budgets and standard cost -- Capital budgeting and managerial decisions.