Topics Covered in Solid Footing
The Table of Contents below shows all of the topics covered in Solid Footing.
Stuff and Claims-to-Stuff
Stuff and Claims-to-Stuff Accounting System
Using Accounting TerminologyGetting Ready for Debits and Credits
Debits and Credits
Homework
Chapter 1
Recording Asset, Liability, and Owners' Equity Transactions
Preparing the Balance SheetGray Co.'s January Transactions
Preparing a Trial Balance
Preparing a Balance Sheet
Assumptions Used When Recording Transactions
Homework
Chapter 2
Recording Transactions Affecting Retained Earnings
Gray Co.'s February TransactionsCommon Stock Account-Retained Earnings Account
The "What Caused the February Change in Retained Earnings" Report
Homework
Chapter 3
Recording Transactions in Revenue and Expense Accounts
Preparing the Income StatementUnderstanding Revenue and Expense Accounts
Using Revenue and Expense Accounts
Preparing the Income Statement
Homework
Chapter 4
Closing Revenue and Expense Accounts
Preparing a Post-Closing Trial BalanceClosing Process for the Sales Revenue Account
Closing Process for the Expense Accounts
Preparing the Post-Closing Trial Balance
Steps in the Accounting Cycle
Homework
Chapter 5
The Accounting Cycle
Self-Test of All Concepts Learned to this PointCompleting the Nine Steps in the Accounting Cycle
Homework
Chapter 6
Introduction to Adjusting Entries
PP & E – Prepaid Assets – Accrued LiabilitiesIntroduction to Adjusting Entries
Property, Plant, & Equipment and the Depreciation Adjusting Entry
Errors – Not Making the Depreciation Adjusting Entry
February's Supplies Adjusting Entry
Errors – Not Making the Supplies Adjusting Entry
March's Wages Payable Adjusting Entry and the Matching Principle
Errors – Not Making the Wages Payable Adjusting Entry
Homework
Chapter 7
Adjusting Entries Continued
Unearned Revenue Liabilities – Accrued AssetsReceive Advance Payment Transaction
April's Unearned Revenue Adjusting Entry
Errors Not Making the Unearned Revenue Adjusting Entry
May's Accounts Receivable Adjusting Entry
Errors Not Making the A/R Adjusting Entry
Homework
Chapter 8
Categories of Accounts that Require Adjusting Entries
Summary of Timing Issues Related to Account CategoriesProperty, Plant, & Equipment
Prepaid Assets
Accrued Liabilities
Unearned Revenue Liabilities
Accrued Assets
Summary of Timing Issues Related to Adjusting Entries
Homework
Chapter 9
Dividends
A Review of the Nine Steps in the Accounting CycleLenny's Declares and Pays a Dividend
Lenny's June Accounting Cycle
Homework
Chapter 10
Accounting Cycle Project
Introduction to the Statement of Cash Flows
Connie Starts Her Corporation – Month of JunePrepare June's Statement of Cash Flows
CCI Begins Operating Activities – Month of July
Prepare July's Statement of Cash Flows
Homework
Chapter 11
Statement of Cash Flows Continued
Additional Operating Activities - Month of AugustPrepare August's Statement of Cash Flows
Utilizing Your New Cash Flow Tools - Month of September
S and U Rules for Balance Sheet Line Item Changes
Rules for Moving Line Item S's and U's to an Activity Column
Prepare September's Statement of Cash Flows
Statement of Cash Flows Appendix - Direct Method
Homework
Chapter 12
Homework Forms
Glossary of Terms - Subject Index
Software ID Code - Ch. 6 Homework and ACP Registration Slips