| Chapter 1 | | Accounting and the Financial Statements | | 2 |
| | | What is Accounting? | | 4 |
| | | Businesses: Forms and Activities | | 5 |
| | | Forms of Business Organization | | 5 |
| | | Business Activities | | 7 |
| | | Communication of Accounting Information | | 8 |
| | | The Four Basic Financial Statements | | 8 |
| | | The Fundamental Accounting Equation | | 9 |
| | | How To Use the Fundamental Accounting Equation | | 10 |
| | | The Classified Balance Sheet | | 10 |
| | | Current Assets | | 11 |
| | | Noncurrent Assets | | 13 |
| | | Current Liabilities | | 13 |
| | | Long-Term Liabilities and Stockholders Equity | | 13 |
| | | How to Prepare a Classified Balance Sheet | | 14 |
| | | Using Balance Sheet Information | | 15 |
| | | The Income Statement | | 16 |
| | | Elements of the Income Statement | | 17 |
| | | How To Prepare an Income Statement | | 18 |
| | | Income Statement Formats | | 19 |
| | | Using Income Statement Information | | 20 |
| | | Statement of Retained Earnings | | 21 |
| | | How To Prepare a Statement of Retained Earnings | | 22 |
| | | Use of the Statement of Retained Earnings | | 22 |
| | | Statement of Cash Flows | | 23 |
| | | Use of the Statement of Cash Flows | | 23 |
| | | Relationships Among the Statements | | 23 |
| | | Other Items in the Annual Report and Professional Ethics | | 25 |
| | | Notes to the Financial Statements | | 25 |
| | More... | | |