Unit 2

Accounting for Assets, Liabilities, and Equity

Chapter 3: Cash, Short-Term Investments, and Accounts Receivable

  • Section 1: Accounting for Cash and Short-Term Investments

  • Section 2: Accounting for Accounts Receivable

Chapter 4: Notes Receivable

Chapter 5: Accounting for Inventories

Chapter 6: Property, Plant, and Equipment Assets and Intangible Assets

Chapter 7: Notes Payable, Accounts Payable, and Other Current Liabilities

  • Section 1: Interest-Bearing Notes Payable

  • Section 2: Noninterest-Bearing Notes Payable

  • Section 3: Accounts Payable and Other Current Liabilities

Chapter 8: Long-Term Liabilities

Chapter 9: Stockholders' Equity: Contributed Capital

  • Section 1: Forming a Corporation

  • Section 2: Issuing Common and Preferred Stock

  • Section 3: Issuing No-Par Stock and Stock Subscriptions

Chapter 10: Stockholders' Equity: Earnings and Distributions

  • Section 1: Dividends and Stock Splits

  • Section 2: Accounting for Treasury Stock

  • Section 3: Accounting for the Appropriation of Retained Earnings

Chapter 11: The Work Sheet, Adjustments, and Financial Statements

  • Section 1: The Eight-Column Work Sheet

  • Section 2: Preparing End-of-Period Financial Statements