Accounting by Carl S. Warren, James M. Reeve, Jonathan Duchac

By Carl S. Warren, James M. Reeve, Jonathan Duchac

The authors of ACCOUNTING, 23e, keep in mind that you must locate vital info fast. This textbook makes use of an built-in studying method that can assist you whole homework and lead you to accounting mastery. development at the authors' confirmed process, transparent examples and high-impact writing consultant you thru the practise of economic statements because the authors artfully offer a framework for knowing what accounting is all approximately and accounting's evolving function in enterprise.

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It includes narrative for six months of transactions, which are to be recorded in a general journal. The set can be solved manually or with the Klooster/Allen software. Practice Set: Star Computer Sales and Services This set is a departmentalized merchandising business operated as a corporation. It includes a narrative of transactions, which are to be recorded in special journals. The set can be solved manually or with the Klooster/Allen software. 574 Nature of a Corporation 575 Characteristics of a Corporation 575 Forming a Corporation 576 Stockholders’ Equity 578 Paid-In Capital from Issuing Stock 579 Characteristics of Stock 579 Classes of Stock 579 Issuing Stock 581 Premium on Stock 582 No-Par Stock 582 Business Connection: Cisco Systems, Inc.

7,500 $2,125 800 800 450 275 4,450 $3,050 NetSolutions Statement of Owner’s Equity For the Month Ended November 30, 2009 Chris Clark, capital, November 1, 2009. . . . . . . . . Investment on November 1, 2009 . . . . . . . . . . . Net income for November . . . . . . . . . . . . . Less withdrawals. . . . . . . . . . . . . . . . . Increase in owner’s equity . . . . . . . . . . . . . Chris Clark, capital, November 30, 2009 . .

Investment on November 1, 2009 . . . . . . . . . . . Net income for November . . . . . . . . . . . . . Less withdrawals. . . . . . . . . . . . . . . . . Increase in owner’s equity . . . . . . . . . . . . . Chris Clark, capital, November 30, 2009 . . . . . . . . . $ 0 $25,000 3,050 $ 28,050 2,000 26,050 $26,050 NetSolutions Balance Sheet November 30, 2009 Cash . . . Supplies . Land . . . Total assets . . Assets ...... ...... .

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