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1,001 Accounting Practice Problems For Dummies


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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

About the Author

Kenneth Boyd is the owner of St. Louis Test Preparation (www.stltest.net). He provides online tutoring in accounting and finance. Kenneth has worked as a CPA, Auditor, Tax Preparer, and College Professor. He is the author of CPA Exam For Dummies. Kate Mooney has been teaching accounting to both undergraduates and MBA students at St. Cloud State University since 1986, after earning her PhD from Texas A & M University. She is a licensed CPA in Minnesota and is a member of the State Board of Accountancy.

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