Description
Accounting Principles 14th Edition by Jerry J. Weygandt, ISBN-13: 978-1119707110
[PDF eBook eTextbook]
- Publisher: Wiley; 14th edition (December 3, 2020)
- Language: English
- 1472 pages
- ISBN-10: 1119707110
- ISBN-13: 978-1119707110
Accounting Principles, 14th Edition provides students with a clear overview of fundamental financial and managerial accounting concepts with a focus on learning the accounting cycle from the sole proprietor perspective. Through a primary review of accounting transactions, integrated real-world examples, and a variety of practice opportunities, students develop a thorough understanding of how to apply accounting principles and techniques in practice.
Table of Contents:
Cover
Title Page
Dedication
Copyright Page
From the Authors
Author Commitment
New to This Edition: Data Analytics
New to This Edition: Chapter-by-Chapter Changes
Proven Pedagogical Features
Engaging Digital Tools
Acknowledgments
CHAPTER 1: Accounting in Action
Accounting Activities and Users
The Building Blocks of Accounting
The Accounting Equation
Analyzing Business Transactions
The Four Financial Statements
Appendix 1A Career Opportunities in Accounting
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 2: The Recording Process
Accounts, Debits, and Credits
The Journal
The Ledger and Posting
The Trial Balance
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 3: Adjusting the Accounts
Accrual-Basis Accounting and Adjusting Entries
Adjusting Entries for Deferrals
Adjusting Entries for Accruals
Adjusted Trial Balance and Financial Statements
Appendix 3A Adjusting Entries for the Alternative Treatment of Deferrals
Appendix 3B Financial Reporting Concepts
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 4: Completing the Accounting Cycle
The Worksheet
Closing the Books
The Accounting Cycle and Correcting Entries
Classified Balance Sheet
Appendix 4A Reversing Entries
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 5: Accounting for Merchandising Operations
Merchandising Operations and Inventory Systems
Recording Purchases Under a Perpetual System
Recording Sales Under a Perpetual System
The Accounting Cycle for a Merchandising Company
Multiple-Step Income Statement and Classified Balance Sheet
Appendix 5A Merchandising Company Worksheet
Appendix 5B Periodic Inventory System
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 5A: Accounting for Merchandising Operations (Periodic Approach)
Merchandising Operations and Inventory Systems
Recording Purchases Under a Periodic System
Recording Sales Under a Periodic System
The Accounting Cycle for a Merchandiser
Multiple-Step Income Statement and Classified Balance Sheet
Appendix 5A Merchandising Company Worksheet
Appendix 5B Perpetual Inventory System
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 6: Inventories
Classifying and Determining Inventory
Inventory Methods and Financial Effects
Effects of Inventory Errors
Inventory Presentation and Analysis
Appendix 6A Inventory Cost Flow Methods in Perpetual Inventory Systems
Appendix 6B Estimating Inventories
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Data Analytics in Action
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 6A: Inventories (Perpetual Approach)
Classifying and Determining Inventory
Inventory Methods and Financial Effects
Effects of Inventory Errors
Inventory Presentation and Analysis
Appendix 6A Inventory Cost Flow Methods in Periodic Inventory Systems
Appendix 6B Estimating Inventories
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problems
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Data Analytics in Action
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 7: Accounting Information Systems
Overview of Accounting Information Systems
Subsidiary Ledgers
Special Journals
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Ethics Case
Comprehensive Accounting Cycle Review
Expand Your Critical Thinking
A Look at IFRS
CHAPTER 8: Fraud, Internal Control, and Cash
Fraud and Internal Control
Cash Controls
Control Features of a Bank Account
Reporting Cash
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Data Analytics in Action
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 9: Accounting for Receivables
Recognition of Accounts Receivable
Valuation and Disposition of Accounts Receivable
Notes Receivable
Presentation and Analysis of Receivables
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 10: Plant Assets, Natural Resources, and Intangible Assets
Plant Asset Expenditures
Depreciation Methods
Plant Asset Disposals
Natural Resources and Intangible Assets
Statement Presentation and Analysis
Appendix 10A Exchange of Plant Assets
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Data Analytics in Action
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 11: Current Liabilities and Payroll Accounting
Accounting for Current Liabilities
Reporting and Analyzing Current Liabilities
Accounting for Payroll
Appendix 11A Additional Fringe Benefits
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 12: Accounting for Partnerships
Forming a Partnership
Accounting for Net Income or Net Loss
Liquidation of a Partnership
Appendix 12A Admissions and Withdrawals of Partners
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Data Analytics in Action
Expand Your Critical Thinking
CHAPTER 13: Corporations: Organization and Capital Stock Transactions
Corporate Form of Organization
Accounting for Stock Issuances
Statement Presentation of Stockholders’ Equity
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 14: Corporations: Dividends, Retained Earnings, and Income Reporting
Accounting for Dividends and Stock Splits
Reporting and Analyzing Stockholders’ Equity
Corporate Income Statements
Appendix 14A Stockholders’ Equity Statement
Appendix 14B Book Value per Share
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Data Analytics in Action
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 15: Long‐Term Liabilities
Major Characteristics of Bonds
Accounting for Bond Transactions
Accounting for Long‐Term Notes Payable
Reporting and Analyzing Long‐Term Liabilities
Appendix 15A Straight‐Line Amortization
Appendix 15B Effective‐Interest Amortization
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 16: Investments
Accounting for Debt Investments
Accounting for Stock Investments
Reporting Investments in Financial Statements
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Comprehensive Accounting Cycle Review
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 17: Statement of Cash Flows
Usefulness and Format of the Statement of Cash Flows
Preparing the Statement of Cash Flows—Indirect Method
Step 2: Investing and Financing Activities
Analyzing the Statement of Cash Flows
Appendix 17A Statement of Cash Flows—Direct Method
Appendix 17B Worksheet for the Indirect Method
Appendix 17C Statement of Cash Flows—T-Account Approach
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Data Analytics in Action
Expand Your Critical Thinking
A Look at IFRS
IFRS Practice
CHAPTER 18: Financial Analysis: The Big Picture
Sustainable Income and Quality of Earnings
Horizontal Analysis and Vertical Analysis
Ratio Analysis
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case
Ethics Case
Expand Your Critical Thinking
Comparative Analysis Problem: PepsiCo, Inc. vs. The Coca‐Cola Company
Comparative Analysis Problem: Amazon.com, Inc. vs. Walmart Inc.
Real‐World Focus
Decision‐Making Across the Organization
Communication Activity
All About You
FASB Codification Activity
A Look at IFRS
IFRS Practice
CHAPTER 19: Managerial Accounting
Just Add Water … and Paddle
Managerial Accounting Basics
Managerial Cost Concepts
Manufacturing Costs in Financial Statements
Managerial Accounting Today
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case: Current Designs
Continuing Case: Waterways Corporation
Data Analytics in Action
Expand Your Critical Thinking
CHAPTER 20: Job Order Costing
Profiting from the Silver Screen
Cost Accounting Systems
Assigning Manufacturing Costs
Predetermined Overhead Rates
Entries for Jobs Completed and Sold
Applied Manufacturing Overhead
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case: Current Designs
Continuing Case: Waterways Corporation
Comprehensive Case
Data Analytics in Action
Expand Your Critical Thinking
CHAPTER 20A: Job Order Costing: Non-Debitand-Credit Approach
Profiting from the Silver Screen
Cost Accounting Systems
Assigning Manufacturing Costs
Predetermined Overhead Rates
Jobs Completed and Sold
Applied Manufacturing Overhead
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case: Current Designs
Continuing Case: Waterways Corporation
Comprehensive Case
Data Analytics in Action
Expand Your Critical Thinking
CHAPTER 21: Process Costing
The Little Guy Who Could
Overview of Process Cost Systems
Process Cost Flow and Assigning Costs
Equivalent Units
The Production Cost Report
Appendix 21A FIFO Method for Equivalent Units
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case: Current Designs
Continuing Case: Waterways Corporation
Expand Your Critical Thinking
CHAPTER 21A: Process Costing: Non-Debit-and-Credit Approach
The Little Guy Who Could
Overview of Process Cost Systems
Process Cost Flow and Assigning Costs
Equivalent Units
The Production Cost Report
Appendix 21A FIFO Method for Equivalent Units
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Cases: Current Designs
Continuing Cases: Waterways Corporation
Expand Your Critical Thinking
CHAPTER 22: Cost-Volume-Profit
Don’t Worry—Just Get Big
Cost Behavior Analysis
Mixed Costs Analysis
Cost-Volume-Profit Analysis
Break-Even Analysis
Target Net Income and Margin of Safety
Appendix 22A Regression Analysis
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case: Current Designs
Continuing Case: Waterways Corporation
Data Analytics in Action
Expand Your Critical Thinking
CHAPTER 23: Incremental Analysis
Keeping It Clean
Decision-Making and Incremental Analysis
Special Orders
Make or Buy
Sell or Process Further
Repair, Retain, or Replace Equipment
Eliminate Unprofitable Segment or Product
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Cases: Current Designs
Continuing Cases: Waterways Corporation
Expand Your Critical Thinking
CHAPTER 24: Budgetary Planning
What’s in Your Cupcake?
Effective Budgeting and the Master Budget
Sales, Production, and Direct Materials Budgets
Direct Labor, Manufacturing Overhead, and S&A Expense Budgets
Cash Budget and Budgeted Balance Sheet
Budgeting in Nonmanufacturing Companies
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case: Current Designs
Continuing Case: Waterways Corporation
Data Analytics in Action
Expand Your Critical Thinking
CHAPTER 25: Budgetary Control and Responsibility Accounting
Pumpkin Madeleines and a Movie
Budgetary Control and Static Budget Reports
Flexible Budget Reports
Responsibility Accounting and Responsibility Centers
Investment Centers
Appendix 25A ROI versus Residual Income
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case: Current Designs
Continuing Case: Waterways Corporation
Data Analytics in Action
Expand Your Critical Thinking
CHAPTER 26: Standard Costs and Balanced Scorecard
80,000 Different Caffeinated Combinations
Direct Materials Variances
Direct Labor and Manufacturing Overhead Variances
Variance Reports and Balanced Scorecards
Appendix 26A Standard Cost Accounting System
Appendix 26B Overhead Controllable and Volume Variances
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case: Current Designs
Continuing Case: Waterways Corporation
Data Analytics in Action
Expand Your Critical Thinking
CHAPTER 27: Planning for Capital Investments
Floating Hotels
Capital Budgeting and Cash Payback
Net Present Value Method
Capital Budgeting Challenges and Refinements
Internal Rate of Return
Annual Rate of Return
Review and Practice
Learning Objectives Review
Glossary Review
Practice Multiple-Choice Questions
Practice Brief Exercises
Practice Exercises
Practice Problem
End-of-Chapter Homework Material
Questions
Brief Exercises
DO IT! Exercises
Exercises
Problems
Continuing Case: Current Designs
Continuing Case: Waterways Corporation
Data Analytics in Action
Expand Your Critical Thinking
Appendix A
Appendix B
Appendix C
Appendix D
Appendix E
Appendix F
Appendix G
Appendix H
Cases for Management Decision-Making
Company Index
Subject Index
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