Fundamentals of accountancy, business and management 1 / Joy S. Rabo, Florenz C. Tugas, Herminigilda E. Salendrez

Includes glossary: pages 265-272

Photo credits: pages 276-278

Includes bibliography: pages 273-275

Chapter 1 Introduction to Accounting --- Define accounting --- Describe the nature of accounting --- Explain the function of accounting in business --- Differentiate bookkeeping and accounting --- Narrate the history and origin of accounting --- Chapter 2 Branches of Accounting --- Define branches of accounting --- Differentiate the branches of accounting --- Explain the kind/types of services rendered in each of these branches --- Chapter 3 Users of Accounting Information --- Define internal users and give examples --- Define external users and give examples --- Identify the type of decisions made by each group of users --- Describe the type of information needed by each group of users --- Chapter 4 Forms of Business Organization --- Differentiate the forms of business organization --- Identify the advantage of each form --- Compare and contrast the types of business according to activities --- Identify the advantages, disadvantages, and business requirements of each type --- Chapter 5 Accounting Concepts and Principles --- Identify generally accepted accounting principles Describe the basic assumptions and principles of accounting --- Explain the application of the basic principles of accounting --- Solve exercises on accounting principles as applied in various cases --- Chapter 6 The Accounting Equation --- Illustrate the accounting equation --- Define an account --- Discuss the five major accounts --- Cite example of each type of account --- Prepare a chart of accounts --- Perform operations involving simple cases with the use of accounting equation --- Chapter 7 Books of Accounts --- Identify the uses of the two books of accounts --- Illustrate the format of a general and special journal --- Illustrate the format of a general and subsidiary ledger --- Chapter 8 Accounting Cycle of a Service Business --- Define the accounting cycle --- Describe the nature of transactions in a service business --- Record transactions of a service business in the general journal --- Post transactions in the ledger --- Prepare a trial balance --- Prepare adjusting entries --- Prepare financial statements --- Complete the accounting cycle --- Chapter 9 Accounting Cycle of a Merchandising Business --- Describe the nature of transactions in a merchandising business --- Record transactions of a merchandising business in the general and special journals --- Post transactions to the general and subsidiary ledgers --- Prepare a trial balance --- Prepare adjusting entries --- Complete the accounting cycle of merchandising business --- Glossary --- Bibliography --- Photo Credits ---

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