Financial Accounting

Accounting - information for decision making; basic financial statements; accounting cycle - capturing economic events; accounting cycle - preparing an annual report; comprehensive problem 1 - Tony's Rentals; accounting for merchandising activities; financial assets and internal control; inventories and the cost of goods sold; comprehensive problem 2 - Guitar Universe Inc.; plant and intangible assets; liabilities; stockholders' equity - paid-in capital; income and changes in retained earnings; statement of cash flows; financial statement analysis; global business and accounting.