Financial Accounting: An Integrated Statements Approach, 2nd Edition

Accounting Information Systems

CHAPTER OUTLINE LEARNING GOALS IN-TEXT EXERCISES AND PROBLEMS

Business Information Systems Learning Goal 1:Describe the nature

of business information systems.

Basic Accounting Systems Learning Goal 2:Describe the nature

of accounting information systems.

Transaction Processing Systems

• The Account


• Rules of Debit and Credit


• The Journal


• Effects of Journal Entries on the
  Financial Statements


• Posting to the Ledger


• Trial Balance

Learning Goal 3:Describe and illus-

trate the basic elements of transaction

processing systems.

Exercises

4-1, 4-2, 4-3, 4-4, 4-5, 4-6, 4-7,

4-8, 4-9, 4-10 (spreadsheet), 4-11,

4-12 (spreadsheet), 4-13 (spreadsheet),

4-14 (spreadsheet), 4-15, 4-16,

4-17, 4-18, 4-19, 4-20 (spreadsheet),

4-21, 4-22, 4-23, 4-24, 4-25, 4-26,

4-27 (spreadsheet), 4-28 (spreadsheet),

4-30 (spreadsheet), 4-31 (spreadsheet)

Accounting Application Problems

4-1A (spreadsheet), 4-2A (spreadsheet),

4-4A (spreadsheet), 4-5A (spreadsheet),

4-1B (spreadsheet), 4-2B (spreadsheet),

4-3B (spreadsheet), 4-4B (spreadsheet),

4-5B (spreadsheet)

Financial Reporting System

• Adjusting Entries


• Financial Statements


• Fiscal Year


• Closing Entries


• Post-Closing Trial Balance

Learning Goal 4: Describe and

illustrate the basic elements of a

financial reporting system.

Exercises

4-8, 4-9, 4-10 (spreadsheet), 4-11,

4-12 (spreadsheet), 4-13 (spreadsheet),

4-14 (spreadsheet), 4-15, 4-16,

4-17, 4-18, 4-19, 4-20 (spreadsheet),

4-21, 4-22, 4-23, 4-24, 4-25, 4-26,

4-27 (spreadsheet), 4-28 (spreadsheet),

4-29, 4-30 (spreadsheet), 4-31

(spreadsheet)

Accounting Application Problems

4-3A (spreadsheet), 4-4A (spreadsheet),

4-5A (spreadsheet), 4-4B (spreadsheet),

4-5B (spreadsheet)

The Accounting Cycle Learning Goal 5:Describe the

accounting cycle for the double-entry

accounting system.

Exercises

4-3

EBITDA Learning Goal 6: Describe and

illustrate the computation and use

of earnings before interest, taxes,

depreciation, and amortization

(EBITDA).

Exercises

4-33, 4-34

Appendix: The Statement

of Cash Flows

chapter 4