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Oct 9th, 2013, 9:55 pm
Current Assets and Volumes 1,3,4 by Larry M. Walther and Christopher J. Skousen
Requirements:
Current Assets: PDF reader, 2.91 MB
Current Assets Exercises I : PDF reader, 1.46 MB
Current Assets Exercises III: PDF reader, 1.14 MB
Current assets exercises IV: PDF reader, 1.08 MB
Overview: Larry M. Walther, Ph.D., CPA, CMA, is the Ernst & Young Professor and Head of the School of Accountancy at Utah State University. Dr. Walther has authored numerous accounting textbooks and articles, and has served as director and/or consultant to a number to a number of public and nonpublic companies. Dr. Walther obtained his Ph.D. in accounting from Oklahoma State University and has public accounting experience with Ernst & Young.

Dr. Chris Skousen obtained his Ph.D. at Oklahoma State University in December 2004. He earned his MBA(1998) and BA(1997) degrees from Utah State University. Prior to returning to school to obtain a Ph.D. Dr. Skousen gained public accounting auditing experience through KPMG’s International Internship program in Düsseldorf, Germany.
Genre: Accounting Books Non Fiction

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Current Assets: This book is the second of seven books which introduces the basic principles of accounting, focusing primarily on liquid assets. It introduces enhanced income statements, sales, cash discounts, the control structure, and inventory accounting. Details concerning cash and highly-liquid investments, cash management, controls for cash receipts and disbursements, and bank account reconciliations are discussed. Accounts receivable, costs and benefits of selling on credit, considerations for uncollectible receivables, notes receivable and interest are also discussed. In addition, the fundamentals of inventory costing methods, inventory management, and ratio analysis are introduced.

Current Assets Exercises I : This exercise book is the first of four exercise books that correspond directly with the Current Assets textbook. The exercises relate specifically to Part 1 of the Current Assets textbook. Students will work exercises related to sales, trade discounts, and cash discounts. Exercises cover purchase considerations for merchandising business, acquisitions of merchandise, purchase returns and allowances, discounts, freight charges, cost of goods sold, and closing entries. Exercises also cover alternative inventory systems and detailed income statement analysis.

Current Assets Exercises III: This exercise book is the third of four exercise books that correspond directly with the Current Assets textbook. The exercises relate specifically to Part 3 of the Current Assets textbook. Students will work exercises related to Accounts Receivable and Notes Receivable. Exercises credit sales, accounting for uncollectible accounts, direct write-off versus using the allowance method, notes receivable, and adjusting entries.

Current Assets Exercises IV: This exercise book is the fourth of four exercise books that correspond directly with the Current Assets textbook. The exercises relate specifically to Part 4 of the Current Assets textbook. Students will work exercises related to Inventory. Exercises cover inventory costing methods, such as, FIFO, LIFO, weighted-average, periodic versus perpetual inventory systems, inventory journal entries, lower of cost or market, inventory estimation techniques, inventory management, and inventory errors.

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Oct 9th, 2013, 9:55 pm