Summary

Volume 2 is the second of two self-study volumes that provide a complete introduction to financial accounting concepts, principles, and procedures. Includes disk that contains detailed problem solutions, unlimited accounting working papers for problems including general and special journals, worksheets, and ledgers, and a review of essential math for accounting that continues from volume 1. Volume 2 also contains three practice sets with solutions. Content is presented in a step-by-step manner using research-based instructional design, including cumulative tests with solutions and reinforcement guidance based on test results. Text is fully illustrated. Volume 2 focuses on completing the accounting cycle (adjusting and closing, worksheet procedures) for both service and merchandising companies and continues with accounting systems and special journals, and analysis of the key account types of cash, accounts receivable, merchandise inventory, and fixed assets. The book concludes with payroll procedures and accounting, and financial statement analysis. Alternative adjusting entry techniques and error correction procedures are included in the accompanying disk. Table of contents, index, and further details for Volume 2 are available at www.worthyjames.com

About the Author

Greg Mostyn is an accounting instructor at Mission Community College and is a practicing certified public accountant. He is a member of the American Institute of Certified Public Accountants and the California CPA Society. He is a past accounting department chairman and has extensive experience in accounting curriculum design and course development.