Financial Accounting /
Walter T. Harrison, Jr., Charles T. Horngren.
- 2nd ed.
- Englewood Cliffs, N.J. : Prentice Hall, c1995.
- xxv, 886 p. : ill. (some col.) ; 29 cm.
- Prentice Hall series in accounting .
Includes indexes.
part 1 The basic structure of accounting: Accounting and its environment; recording business transactions; measuring business incomes - the adjusting process; completing the accounting cycle; merchandizing and the accounting cycle; accounting information systems. Part 2: Accounting for assets and liabilities: Internal control, cash transactions, and ethical issues; accounts and notes receivable; merchandize inventory; plant assets, intangible assets and related expenses; current liabilities and payroll accounting; the foundation for generally accepted principles. Part 3 Accounting for partnerships and corporate transactions: Partnerships; corporate organization, paid in capital and the balance sheet; retained earnings, dividends, treasury stock and the income statement; long term liabilities; investments and accounting for international operations. Part 4 Analysis of accounting information: Statement of cash flows; using accounting information to make business decisions.
Using a corporate approach, this introductory financial accounting text relates principles to real-life situations, illustrating them in a business context through the use of examples and problems.