1 An Introduction to Accounting
1.1 Accounting is an Information System
1.2 Forms of Organization
　1.3 The framework for The Preparation and Presentation of Financial Statements
　1.4 Understanding of Financial Statements Balance Sheet
　 Income Statement
　 Statement of Owner' s Equity
　 Cash Flow Statement
　1.5 Accounting and Its Profession
　1.6 Accounting Elements and Using the Accounting Equation
　 What is Accounting Equation?
　 Effects of Transactions on the Accounting Equation
　1.7 Ethics in Accounting Some Basic Ethical Standards
　 Demonstration Problem
　 Vocabulary
　 Self-Test Questions
　 Discussion Questions
　 Exercises
　 Problems
　 Mini-Case
2 Recording Transactions
2.1 Economic Events and Business Documents
　2.2 T Accounts and Debit & Credit
　　Types of Accounts
　 Chart of Accounts and Ledger
　 The Accounting Equation and the Rules of Debits and Credits
　 Normal Balances
　2.3 Journalizing and Posting Transactions
　 Journalizing Transactions
　 Posting Transactions
　2.4 Preparing a Trial Balance
　 Trial Balance
　 Locating and Correcting Errors
　 Formatting Conventions
　2.5 Practices in China
　 Receipt Vouchers
　 Payment Vouchers
　 Transfer Vouchers
　2.6 Using the Information - the Debt Ratio
　 Demonstration Problem
　 Vocabulary
　 Self-Test Questions
　 Discussion Questions
　 Exercises
　 Problems
　 Mini-Case
　　Adjusting the Accounts, Preparing the Statements, and Completing the 　　Accounting　Cycle
　3.1 The Need for Adjustments
　 Time Period Principle
　 Need for Adjustments at the End of an Accounting Period
　 Accrual and Cash Basis of Accounting
　3.2 Adjusting the Accounts
　 Prepaid Expenses
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4 Accounting for Merchandising Enterprises
5 Accounting for Cash,Trading Securities and Receivables
6 Inventories and Cost of Goods Sold
7 Long-Term Assets:Investments,Fixed Assets,Natural Resoureces and Intangible Assets
8 Current and Long-Term Liabilities
9 Owner's Equity
10 Statement of Cash Flows