Accounting: Texts and Cases by Robert N. Anthony
Accounting for Beginners #1 / Debits and Credits / Assets = Liabilities + Equity
Covering both financial and managerial accounting as well as broader managerial issues, the book incorporates a breadth of experience that is sure to enrich your course and your students. The approximately cases that make up most of the end of chapter material are combination of classic Harvard style cases and extended problems, with 12 complete new cases added to the 13th edition. The text is covered as two parts. Part 1 deals with chapters 1 which cover financial accounting, while part 2 covers Chapters which in essence is associated with management accounting. The tale end of part 2 also focuses on broader issues of control and corporate strategy. Both parts have been updated to reflect the current changes relevant to Accounting. Kenneth A.
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Was the company profitable? Ignore income taxes Why did its cash in the bank decline during the three month operating period? Why did its cash in the bank decline during the three month period? Ribbons an' Bows, Inc. Answer: The main reasons why the ending cash balance declined during the three month operating period is because of the purchase of additional assets such as the Sewing Machine How would you report the financial condition of the business on June 30, ? Answer: Because the data lacks some date indication of many of the transactions.