Publisher's Synopsis
An introductory accounting text from three authors of bestselling, intermediate accounting and auditing texts. Serves majors and non-majors alike by providing all the basics and preparing the student for intermediate accounting and business courses. Early chapters give excellent illustrations of financial statements and provide interesting perspectives on familiar subjects. Topics covered include the recording process, internal control and cash, acquisition and depreciation, corporate organization and capital stock transactions, statement analysis, cost-volume-profit relationships, incremental analysis and capital budgeting, and not-for-profit accounting. Features references to the use of computers in accounting.