Index

Balance sheet method, 90

Balance sheets, 2021

Bank statements, 9698

Board of directors, 127

Bonds, 132133

Book value, 132

Cash payments, 1819

Cash receipts, 18, 95

Cash receipts journal, 4445

Cash short and over account, 99

Catalog price, 74

Chain discounts, 75

Chart of accounts, 8

Checks, 9697

Classied nancial statements, 21

Closing entries, 2830, 57

Code of accounts, 8

Combination cash journal, 4446

Common stock, 130131

Computing interest, 8384

Contribution of assets, 122123

Control accounts, 3536

Controlling cash, 94100

Conversion privilege, 130

Corporations, 126133

Cost of goods, 58

Costs, 38, 109

Credits, 78

Current assets, 21

Current liabilities, 22

Call privilege, 130

Cancellation method, 83

Capital statement, 20

Capital stock, 129

Cash, 94 100

Cash balances, 95

Cash basis, 19

Cash disbursements, 95

Cash disbursements journal, 46

Cash discounts, 76

Day book, 13

Debits, 78

Deductions from gross pay, 103

Deposits in transit, 97

Depreciation, 27, 109116

Direct write-off method, 88

Discounting, 86

Discounts, 38, 7476

Double-declining balance, 113114

Double-entry accounting, 78

Account, 7
Accounting, 12
double-entry, 78

Accounting equation, 23

Accounts payable ledgers, 4041

Accounts receivable ledgers, 36

Accrual basis, 19, 22, 25

Accrued salaries, 28

Accumulated depreciation, 27

Adjusting entries:

recorded data, 2527

unrecorded data, 2728

Adjusting prices, 38

Allowance method, 8889

Allowances, 41

Assets, 2, 2122

Authorized shares, 127

135

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