Test Bank for Fundamentals of Financial Accounting, 4th Edition: Fred Phillips

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Product details:

ISBN 10: 0073369705

ISBN 13: 9780073369709

Author: Fred Phillips, Robert Libby, Patricia A. Libby

Fundamentals of Financial Accounting, presents an engaging, balanced, and appropriately paced analysis of the fundamentals of financial accounting. Its conversational writing style makes it easy to read and understand, while the selection of real focus companies reinforces the relevance of accounting by introducing students to accounting and business activities in the context of their favorite companies. Balance between preparer and user orientations is achieved throughout the book, by studying both the accounting activities that take place inside the company, as well as evaluating their impact on decisions, and users outside the company.

Table of contents:

CHAPTER 1: Business Decisions and Financial Accounting
CHAPTER 2: The Balance Sheet
CHAPTER 3: The Income Statement
CHAPTER 4: Adjustments, Financial Statements, and Financial Results
CHAPTER 5: Fraud, Internal Control, and Cash
CHAPTER 6: Merchandising Operations and the Multi-step Income Statement
CHAPTER 7: Inventory and Cost of Goods Sold
CHAPTER 8: Receivables, Bad Debt Expense, and Interest Revenue
CHAPTER 9: Long-Lived Tangible and Intangible Assets
CHAPTER 10: Liabilities
CHAPTER 11: Shareholders’ Equity
CHAPTER 12: Statement of Cash Flows
CHAPTER 13: Measuring and Evaluating Financial Performance

Appendix A: Excerpts from the Fiscal 2018 Annual Report of The Home Depot
Appendix B: Excerpts from the Fiscal 2018 Annual Report of Lowe’s Companies, Inc.
Appendix C: Present and Future Value Concepts
Appendix D: Wiki Art Gallery, Inc.
Appendix E: Investments in Other Corporations

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