Designed for the first financial accounting course at four-year colleges and universities, this text offers a blend of procedures and concepts. The initial chapters are unique in the marketplace because they focus on how transactions affect financial statements while minimizing the coverage of debits and credits. The heart of the financial chapter is organized around the balance sheet, with real company examples used in both the body of the chapters as well as the end-of-chapter materials. Cash basis accounting is used in the accounting cycle chapters before accrual accounting is presented. This is a key distinguishing feature. Copyright (C) Muze Inc. 2005. For personal use only. All rights reserved.