CliffsQuickReview course guides cover the essentials of your toughest classes. Get a firm grip on core concepts and key material, and test your newfound knowledge with review questions. CliffsQuickReview Accounting Principles I is your logical, easy-to-grasp guide to understanding the language of business. This guide introduces each topic, defines key terms, and walks you through each sample problem step-by-step. In no time, you'll be ready to tackle the key concepts in this book such as Generally accepted accounting principles Double-entry bookkeeping Adjustments and financial statements Inventory systems Subsidiary ledgers and special journals Cash controls Evaluating accounts receivable Operating assets CliffsQuickReview Accounting Principles I acts as a supplement to your textbook and to classroom lectures. Use this reference in any way that fits your personal style for study and review — you decide what works best with your needs. Whether you read the book from cover to cover or focus on select topics, you always get clear, jargon-free explanations of the fundamentals, supplemented with equations, charts, and tables. With titles available for all the most popular high school and college courses, CliffsQuickReview guides are a comprehensive resource that can help you get the best possible grades.
Intangible assets, which lack physical substance, may nevertheless provide
substantial value to a company. Patents, copyrights, and trademarks are
examples of intangible assets. According to the matching principle, the costs of
This principle of " keeping separate ” the various classes of income and expense
is of fundamental importance . One engaged in two different lines of busiess will
desire to know the results of each of those lines independently . If he gets only a ...
... received from taxable (including the Fifth 434's Loan originally subscribed for)
and interest received from non-taxable (including the Liberty Loan) bonds, or on
the basis of the averaged principals of each class at par or at market prices.
The 2007 edition of CIMA's Official Learning Systems has been written in conjunction with the CIMA faculty to fully reflect what could be tested in the exam. Updated to incorporate legislative and syllabus changes, the 2007 Study Systems provide complete study material for the May and November 2007 exams. The new edition maintains the popular loose-leaf format and contains: * practice questions throughout * complete revision section * topic summaries * recommended reading articles from a range of journals * May 2006 Q & A's * The official study systems are the only study materials endorsed by CIMA * Updated to reflect changes in the syllabus and written by the Examiner and CIMA faculty * Complete integrated package incorporating syllabus guidance, full text, recommended articles, revision guides and extensive question practice
... intended result that was known at the time the transactions started. You do not
need to remember any case names for your examination, these cases are here to
illustrate the principle of case law, you only need to understand the principle.
Henry Rand Hatfield. erate statement of Rehm that the “ principle of truthfulness
in accounting is only relative and limited . " BIBLIOGRAPHICAL NOTE TO
CHAPTERS I AND II CARLILL , J . A . Principles of Bookkeeping . London , 1896 .
... larger than that which would be shown by valuing the inventory on the first - in
first - out principle . This additional profit would be credited to the participants in
their profit and loss ratio , but it would be immediately charged back to them in the
If the exchange is not made at par, the case is much more complicated but it
would be treated the same in principle as though the old issue were cancelled
through payment, and the new securities issued in exchange for the proceeds of
The principle is the same in either case , regardless of whether the policy is a
valued one of the property is or is not insured under the 80 per cent . clause . The
only difference in any of these variations would be the extent of the loss . Assume
In the treatment of the professional or commercial aspect of the subject , it is
considered that this article would not be complete unless at least a general idea
of such work was given , at the same time not losing sight of the broader