Description
Book SynopsisGet up to speed quicklyreview and practice major concepts in accounting! Whether you''re looking to improve your classroom experience, or simply become more familiar with accounting concepts, 1,001 Accounting Practice Problems For Dummies is the hands-on tool you need to get a step ahead. The book''s practice questions and review content go hand-in-hand with the content offered in Accounting For Dummies, ensuring that you have a working knowledge of the most important concepts and skills in accounting.
This practical resource gives you access to tons of helpful online content, including practice problems in multiple-choice format, and customizable practice sets for self-directed study, all available on the go through your smartphone, laptop, or tablet. Practice problems are categorized as easy, medium, or hard, so you can build your knowledge at your own pace. A perfect companion for anyone looking to increase their accounting skills, this book has the a
Table of Contents
Introduction 1
Part I: The Questions 3
Chapter 1: Elements of Accounting 5
Chapter 2: Financial Effects of Transactions 17
Chapter 3: The Bookkeeping Cycle 27
Chapter 4: The Bookkeeping Cycle: Adjusting and Closing Entries 45
Chapter 5: Understanding and Reporting Profit 57
Chapter 6: Reporting Financial Conditions on the Balance Sheet 63
Chapter 7: Coupling the Income Statement and the Balance Sheet 73
Chapter 8: Reporting Cash Flows 83
Chapter 9: Reporting Changes in Owners’ Equity 89
Chapter 10: Choosing Accounting Methods 93
Chapter 11: Profit Behavior Analysis 113
Chapter 12: Manufacturing Cost Accounting 131
Chapter 13: Investment Analysis Fundamentals 151
Chapter 14: Financial Statement Analysis 163
Part II: The Answers 179
Chapter 15: Answers and Explanations 181
Index 357