Accounting and business transactions -- The Double-entry system -- Posting and the trial balance -- Calculating adjustments and completing the worksheet -- Preparing financial statements : Journalizing and posting adjustments -- Closing the accounting records -- The Sales journal and accounts receivable subsidiary ledger -- The Purchases journal and accounts payable subsidiary ledger -- The Cash receipts and cash payments journals -- Cash, petty cash, and the change fund -- Adjustments and worksheets for a merchandising firm -- Financial statments and closing entries for a merchandising firm -- Payroll : employee earnings and deductions -- Accounts receivable and bad debts -- Notes and interest -- Inventory -- Depreciation, amortization, and depletion -- Partnerships -- Corporations : organization and capital stock -- Corporations : retained earnings and dividends -- Departments and branches -- Statement of cash flows -- Financial statement analysis -- Manaufactoring accounting -- Job order cost accounting -- Process cost accounting

1. Accounting