Accounting 10, 20, 30
Course Configurations
ACCT8
Module 8: Financial Statements (Core)
Outcome
Prepare and interpret financial statements (income statement and balance sheet) for an accounting period.
Indicators
| (a) | Discuss how recording and reporting financial information affects business owners’ ability to make accurate business decisions. |
| (b) | Consider the inquiry questions: How are financial statements used to aid decision makers? What information must be present on a financial statement (e.g., adequate disclosure)? |
| (c) | Discuss the purpose of income statements and balance sheets. |
| (d) | Compile the income statement listing the heading, business name, date, account titles and appropriate debit and credit amounts. |
| (e) | Calculate the net income or loss by comparing the revenue and expenses to ensure the net income/loss on the income statement is consistent with the worksheet. |
| (f) | Recognize that a balance sheet reports the financial condition of a business on a specific date by detailing the assets, liabilities and capital. |
| (g) | Compile a balance sheet listing business name, date, account titles and appropriate amounts for the assets and liabilities using the amounts from the worksheet’s balance sheet columns. |
| (h) | Calculate the capital for a balance sheet ensuring that total assets equal total liabilities and capital. |
| (i) | Critique a presentation of financial statements from the perspective of a member of the board of directors or from the perspective of a potential investor. |
| (j) | Assess the viability of a business based on a simulated balance sheet. |
| (k) | Analyze examples of publicly available financial statements. |
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R104103
Century 21 Accounting: Multicolumn Journal. Working Papers, Chapters 1-17(11th edition)
This is a non-reproducible student resource that has end-of-lesson, end of-chapter and reinforcement activities, as well as chapter study guides that complement the corresponding textbook chapters. It includes journals, ledgers, chart of accounts, banking forms, petty cash reports, bank reconciliations, worksheets, balance sheets, income statements and post-closing trial balance forms.
Media and Formats :
Book
Price :
$49.95 USD
Record posted/updated:
March 23, 2022
R103903
Century 21 Accounting: General Journal(11th ed.)
This student resource is divided into 24 chapters that have the following subsections: 21st Century Skills, Critical Thinking Activities, Think Like an Accounting, Financial Literacy, Global Awareness, Ethics in Action, Forensic Accounting, Careers in Accounting and Accounting in the Real World. This resource promotes problem solving, discussion and creative thinking while building knowledge of accounting practices. One of the main differences between this and other common textbooks for accounting is that it introduces journalizing through the use of a general journal, not a combination journal. Special journals are still used in the textbook. Overall, the textbook would be appropriate for all three course levels.
(More information)
Media and Formats :
Book
Price :
$164.95
Record posted/updated:
December 8, 2021
R032510
Accounting 1(7th ed.)
This Canadian textbook contains 12 chapters of current accounting practices, procedures and technologies. The exercises, case studies and computer applications reinforce the concepts presented and the career profiles provide real-world examples. A chapter review highlights accounting terms, review exercises, activities and questions to consolidate the learning.
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Accounting 1. Student Workbook
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Accounting 1. TestGen Test Bank
Media and Formats :
Book
Price :
$106.32
Record posted/updated:
December 8, 2021
R032509
Principles of Accounting(4th ed.)
This Canadian textbook is organized into 15 chapters that develop various concepts associated with accounting. After every concept presented, there are sections to check for understanding and another to apply knowledge. Included at the end of every chapter are sections for computer assignments, internet resources explorations, case studies and career education. An extensive glossary and index are located at the end of the resource.
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Principles of Accounting. Study Guide and Working Papers
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Principles of Accounting. TestGen Test Bank
Media and Formats :
Book
Price :
$106.32
Record posted/updated:
December 7, 2021
R037839
Century 21 Accounting Multicolumn Journal(10th ed.)
This textbook has the same content as the Century 21 Accounting Multicolumn Journal, Introductory Course, Chapters 1-17 (10th ed.) with two additional parts: Accounting for a Merchandizing Business Organized as a Corporation –Adjustments and Valuations; and Additional Accounting Procedures.
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Century 21 Accounting Multicolumn Journal. Instructor's Resource CD
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Century 21 Accounting Multicolumn Journal. Instructor's Resource Kit
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Century 21 Accounting. Multicolumn Journal, Introductory Course, Chapters 1-17
Media and Formats :
Book
Price :
Free
Record posted/updated:
December 7, 2021
R021220
QuickBooks Online for Accounting(4th ed.)
This student resource is a step-by-step guide to use QuickBooks Online. At the end of each chapter are short answer and matching questions as well as five sample business case scenarios for students to practice the concepts described in each chapter. The QuickBooks Online developer has also created video tutorials that are available on Youtube.com.
Media and Formats :
Book
Price :
$179.95 USD
Record posted/updated:
December 8, 2021
R032771
Accounting Principles, Volume 1(8th Canadian ed.)
This Canadian edition is a comprehensive binder about accounting that offers basic terminology, ethical dilemmas, decision-making problems, exercises, comparisons, demonstrations, problems, challenge questions and real-life connection throughout the 10 chapters.
Media and Formats :
Book
Document
Price :
See publisher.
Record posted/updated:
June 17, 2022
R033001
Financial Accounting: Tools for Business Decision-making(7th Canadian ed.)
This Canadian resource provides guided instruction on a variety of activities and projects related to business and accounting. Organized in 14 chapters, it offer unique real world connections, activities, projects, ethical dilemmas and decision making tasks.
Media and Formats :
Book
Document
Price :
See publisher.
Record posted/updated:
June 17, 2022
R009352
Horngren's Accounting. Volume 1(10th Canadian ed.)
This Canadian resource is a soft-covered textbook that effectively address outcomes for the Accounting 10 and 20. The 11 chapters are divided into two parts. The first part addresses the basic structure of accounting, while the second part addresses accounting for assets and liabilities. MyAccountingLab is a portal available with learning tools such as mini-cases, videos and tutorials.
Media and Formats :
Book
Price :
See publisher.
Record posted/updated:
June 17, 2022
R009354
Horngren's Accounting. Volume 1, Flextext(10th Canadian ed.)
This Canadian resource is a comprehensive workbook that supplements the textbook providing activities with blank templates to match the starters, exercises, and problems from the corresponding chapters.
Media and Formats :
Book
Price :
See publisher.
Record posted/updated:
June 17, 2022