Accounting, 27th Edition

Gain a solid foundation in accounting to ensure you are prepared for future business courses and the real world with Warren/Reeve/Duchac’s market-leading ACCOUNTING, 27E and CengageNOWv2. This edition helps you connect concepts to the bigger picture with features such as the new chapter opening schema that allows you to see how each chapter’s specific content fits within the overall framework of the book. A focus on why accounting is important to business and a prosperous society is reinforced throughout with Why It Matters Concept Clip animations in CengageNOWv2 and a new CengageNOWv2 Journal Entry Tool that illustrates the impact of transactions on the accounting equation. In addition, the Warren/Reeve/Duchac hallmark accounting cycle coverage provides unmatched foundation so you are prepared to succeed in later chapters.

Table of Contents

Chapter 1: Introduction to Accounting and Business
Chapter 2: Analyzing Transactions
Chapter 3: The Adjusting Process
Chapter 4: Completing the Accounting Cycle
Chapter 5: Accounting Systems
Chapter 6: Accounting for Merchandising Businesses
Chapter 7: Inventories
Chapter 8: Internal Control and Cash
Chapter 9: Receivables
Chapter 10: Long-Term Assets: Fixed and Intangible
Chapter 11: Current Liabilities and Payroll
Chapter 12: Accounting for Partnerships and Limited Liability Companies
Chapter 13: Corporations: Organization, Stock Transactions, and Dividends
Chapter 14: Long-Term Liabilities: Bonds and Notes
Chapter 15: Investments and Fair Value Accounting
Chapter 16: Statement of Cash Flows
Chapter 17: Financial Statement Analysis
Chapter 18: Introduction to Managerial Accounting
Chapter 19: Job Order Costing
Chapter 20: Process Cost Systems
Chapter 21: Cost-Volume-Profit Analysis
Chapter 22: Budgeting
Chapter 23: Evaluating Variances from Standard Costs
Chapter 24: Decentralized Operations
Chapter 25: Differential Analysis, Product Pricing, and Activity-Based Costing
Chapter 26: Capital Investment Analysis