The text offers clear and comprehensive coverage of the basic accounting concepts while providing students with plenty of examples and applications in text and within the MyAccountingLab environment. KEY TOPICS: Accounting Concepts and Procedures: An Introduction; Debits and Credits: Analyzing and Recording Business Transactions; Beginning the Accounting Cycle: Journalizing, Posting, and the Trial Balance; The Accounting Cycle Continued: Preparing Worksheets and Financial Statements; The Accounting Cycle Completed: Closing and Post-Closing Trial Balance; Special Journals and Subsidiary Ledgers: The Basics: Sales and Cash Receipts Journal; Special Journals and Subsidiary Ledgers: The Basics: Purchases and Cash Payments Journal; Banking Procedures and Control of Cash; Payroll Procedure: The Employees' Perspective; The Employer's Tax Responsibilities: Principles and Procedures; Special Journals with Taxes; Preparing a Worksheet for a Merchandising Company; Completion of the Accounting Cycle for a Merchandising Company MARKET: Appropriate for College Accounting courses.