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Chapter 1. Accounting in Action. Chapter 2. The Recording Process. Chapter 3. Adjusting the Accounts. Chapter 4. Completion of the Accounting Cycle. Chapter 5. Accounting for Merchandising Operations. Chapter 6. Inventories. Chapter 7. Accounting Information Systems. Chapter 8. Internal Control and Cash. Chapter 9. Accounting for Receivables. Chapter 10. Plant Assets, Natural Resources, and Intangible Assets. Chapter 11. Current Liabilities and Payroll Accounting. Chapter 12. Accounting Principles. Chapter 13. Accounting for Partnerships. Chapter 14. Corporations: Organization and Capital Stock Transactions. Chapter 15. Corporations: Dividends, Retained Earnings, and Income Reporting. Chapter 16. Long-Term Liabilities. Chapter 17. Investments. Chapter 18. The Statement of Cash Flows. Chapter 19. Financial Statement Analysis. Chapter 20. Managerial Accounting. Chapter 21. Job Order Cost Accounting. Chapter 22. Process Cost Accounting. Chapter 23. Cost-Volume-Profit Relationships. Chapter 24. Budgetary Planning. Chapter 25. Budgetary Control and Responsibility Accounting. Chapter 26. Performance Evaluation through Standard Costs. Chapter 27 . Incremental Analysis and Capital Budgeting. Appendix A. Specimen Financial Statements: PepsiCo. Appendix B. Specimen Financial Statements: The Coca-Cola Company. Appendix C. Present Value Concepts. Appendix D. Standard of Ethical Conduct for Management Accountants. Phot Credits. Company Index. Subject Index.