Test Bank Financial Accounting 2nd Edition Reimers

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Test Bank Financial Accounting 2nd Edition Reimers

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Description

Test Bank Financial Accounting 2nd Edition Reimers

Table of Contents

Chapter 1 Business
Chapter 2 Qualities of Accounting Information
Chapter 3 Accruals and Deferrals
Chapter 4 Acquisition and Use of Long-Term Operational Assets
Chapter 5 The Purchase and Sale of Inventory
Chapter 6 Payment for Goods and Services
Chapter 7 Reporting and Understanding Liabilities
Chapter 8 Accounting for Shareholders’Equity
Chapter 9 Preparing the Statement of Cash Flows
Chapter 10 Using Financial Statement Analysis to Evaluate Firm Performance

Descriptions (We sell test banks and solutions manuals only)

Students are introduced to an entrepreneur who decides to create his own business (Tom’s Wear). In subsequent chapters, students read this running case example and learn financial accounting concepts through Tom’s experiences as he grows and expands his business. This is the business process approach: Reimers 1) teaches students about the way a business works and 2) THEN shows how accounting fits into business processes. All of the traditional financial statements and the accounting equation are emphasized, but the focus is on how accounting relates to business processes. Excel Application Problems, financial statements, internal controls, and business risks are integrated into every chapter. Chapter 4 on accounting procedures (debits and credits) may be included or omitted based upon instructor preference.

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