This edition of the textbook for accounting students streamlines the language and highlights important points. It also introduces three new models to give students a more structured approach to
understanding financial data and how it is used to make sound business decisions. They are the transaction model, the financial decision model, and the ethical decision model. It continues to
use financial statement and other documents to demonstrate principles. The topics include accounting as a form of communication, inventories and cost of goods sold, receivables and investments,
stockholders’ equity, and financial statement analysis. Annotation ©2014 Ringgold, Inc., Portland, OR (protoview.com)
