tailieunhanh - Ebook Financial and managerial accounting: Part 1

(BQ) Part 1 book "Financial and managerial accounting" has contents: Accounting in action, the recording process, adjusting the accounts, completing the accounting cycle, accounting for merchandising operations, accounting for receivables, statement of cash flows,and other contents. | FINANCIAL MANAGERIAL AND ACCOUNTING This page is intentionally left blank ACCOUNT CLASSIFICATION AND PRESENTATION Account Title Financial Statement Classification Normal Balance Balance Sheet Balance Sheet Credit Debit A Accounts Payable Accounts Receivable Current Liability Current Asset Accumulated Depreciation—Buildings Plant Asset—Contra Balance Sheet Credit Accumulated Depreciation—Equipment Plant Asset—Contra Balance Sheet Credit Administrative Expenses Operating Expense Income Statement Debit Advertising Expense Operating Expense Income Statement Debit Allowance for Doubtful Accounts Current Asset—Contra Balance Sheet Credit Amortization Expense Operating Expense Income Statement Debit B Bad Debt Expense Operating Expense Income Statement Debit Bonds Payable Long-Term Liability Balance Sheet Credit Buildings Plant Asset Balance Sheet Debit C Cash Current Asset Balance Sheet Debit Common Stock Stockholders' Equity Balance Sheet Credit Copyrights Intangible Asset Balance Sheet Debit Cost of Goods Sold Cost of Goods Sold Income Statement Debit Debt Investments Current Asset/Long-Term Investment Balance Sheet Debit Depreciation Expense Operating Expense Income Statement Debit Discount on Bonds Payable Long-Term Liability—Contra Balance Sheet Debit D Dividend Revenue Other Income Income Statement Credit Dividends Temporary account closed to Retained Earnings Retained Earnings Statement Debit Dividends Payable Current Liability Balance Sheet Credit Equipment Plant Asset Balance Sheet Debit Freight-Out Operating Expense Income Statement Debit Gain on Disposal of Plant Assets Other Income Income Statement Credit Goodwill Intangible Asset Balance Sheet Debit E F G I Income Summary Temporary account closed to Retained Earnings Not Applicable (1) Income Tax Expense Income Tax Expense Income Statement Debit Income Taxes Payable Current Liability Balance .