Fundamentals of Financial Accounting 6th Edition Phillips Test Bank

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Fundamentals of Financial Accounting 6th Edition Phillips Test Bank.

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Product details:

  • ISBN-10 ‏ : ‎ 1259864235
  • ISBN-13 ‏ : ‎ 978-1259864230
  • Author: Fred PhillipsRobert LibbyPatricia Libby

Fundamentals of Financial Accounting introduces students to financial accounting using a balanced mix of conversational wording, clear and concise presentations, and everyday examples, allowing students to grasp concepts fundamental to financial accounting without sacrificing rigor or coverage. It incorporates carefully chosen focus companies that students recognize and engage with in their everyday lives. From tech start-ups to some of the world’s most familiar trademark brands, each chapter opens with an engaging scenario or story using a familiar company. The same focus company is used throughout the entire chapter so that students can see how the concepts and calculations apply to a real-world company they are already familiar with.

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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