In the new sixth edition, readers will be able to clearly see the relevance of accounting in their everyday lives. The authors introduce challenging accounting concepts with examples that are familiar to everyone, which helps build motivation to learn the material. Accounting issues are also placed within the context of marketing, management, IT, and finance.

1. Accounting in Action
2. The Recording Process
3. Adjusting the Accounts
4. Completing the Accounting Cycle
5. Accounting for Merchandising Operations
6. Inventories
7. Accounting Principles
8. Internal Control and Cash
9. Accounting for Receivables
10. Plant Assets, Natural Resources, and Intangible Assets
11. Liabilities
12. Corporations: Organizations, Stock Transactions, Dividends, and Retained Earnings
13. Investments
14. Statement of Cash Flows
15. Financial Statement Analysis