Nelson Higher Education

Higher Education

College Accounting: A Career Approach, 12th Edition

  • includes Quickbooks Accounting 2013 CD-ROM
  • Cathy J. Scott
  • ISBN-10: 1285735773
  • ISBN-13: 9781285735771
  • 736 Pages | Hardcover
  • Previous Editions: 2015, 2013, 2011
  • COPYRIGHT: 2015 Published
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Overview

About the Product

The twelfth edition of COLLEGE ACCOUNTING: A CAREER APPROACH maintains its dedicated emphasis on the significance of the College Accounting course as true groundwork for students' future classes and jobs, with a greater focus on teaching the fundamentals of accounting from a career development approach. This text provides students an opportunity to learn the fundamentals of accounting and then apply these concepts with QuickBooks and Excel®. COLLEGE ACCOUNTING: A CAREER APPROACH, Twelfth Edition, provides real-world context that keeps chapter content relevant and vital. You can now assign, grade, and assess your students' progress quickly and easily with CengageNow™ for COLLEGE ACCOUNTING: A CAREER APPROACH, Twelfth Edition. End-of-chapter materials are available online, and your students can test their mastery of new concepts via a personalized study plan.

Features

  • The "Accounting Cycle Review" and "Comprehensive Review Problems" are available in multiple formats, including manual, using QuickBooks, Excel®, or Cengage Learning's Online General Ledger.

  • "In the Real World" provides real-world factoids about companies that students are familiar with, based on what the student is learning in the chapter.

  • Extended chapter openers begin with an e-mail from Janie to her friend Amy, who is a CPA. Janie would like to start her own whitewater rafting business and is seeking help from her friend to guide her on accounting for her business. Each chapter contains a new e-mail with information on what the student will learn in each chapter.

  • "Quiz Yourself" provides a set of 10 new multiple choice questions to be used as a self-quiz for students before they begin the chapter assignments.

  • Simplified Approach: Where appropriate, concepts are broken down into step-by-step instructions for the student, giving them a guide to follow when learning how to master certain accounting skills. Info graphics are provided to help students visualize specific concepts.

Reviews

"I have always liked the idea of teaching QuickBooks and College Accounting together."
— Morgan Rockett, CPA, Moberly Area Community College

About the Author

Cathy J. Scott

Cathy J. Scott is Professor of Accounting and Accounting Department Chair at Navarro College. She has received the 2014 Texas Society of CPAs Outstanding Accounting Educator Award, the 2012-2013 American Accounting Association Educator of the Year, and the Two-Year College and the 2010 Navarro College's Teaching of Excellence Award. Dr. Scott earned her bachelor's degree from Nazareth College, MBA from Amberton University, a post-graduate accounting degree from Keller Graduate School of Management, and her PhD from Capella University. Prior to joining academics, Dr. Scott had a 25-year accounting career in the automotive industry. She remains a popular speaker in accounting and financial management for vehicle manufacturers and dealer associations. She has written numerous accounting-related articles for automotive publications. Dr. Scott is a member of the Institute of Management Accountants, Teachers of Accounting at Two-Year Colleges (TACTYC), the American Accounting Association (AAA), National Business Educators Association (NBEA) and Texas Community College Association (TCCTA). She has held regional and national positions with the American Accounting Association, including Secretary of the Two-Year College section and co-coordinator of the Teaching, Learning and Curriculum Southwest Region. She is a board member for TACTYC and has held various roles with TCCTA, including past chair for the accounting section. Dr. Scott is a frequently requested speaker and is passionate about effective online learning and innovative teaching technology. She is co-founder of Teaching and Learning Toolbox (www.teachingandlearningtoolbox.com), a free website that helps educators connect technology and pedagogy. In her free time, Dr. Scott enjoys spending time with her family on her farm in North Texas, where she raises and shows Arabian horses.

Table of Contents

1. Asset, Liability, Owner's Equity, Revenue, and Expense Accounts.
2. T Accounts, Debits and Credits, Trial Balance, and Financial Statements.
3. The General Journal and the General Ledger.
4. Adjusting Entries and the Work Sheet
5. Closing Entries and the Post-Closing Trial Balance.
Capstone Appendix. Financial Statement Analysis and Cash Flows using QuickBooks.
6. Bank Accounts, Cash Funds, and Internal Controls.
7. Employee Earnings and Deductions.
8. Employer Taxes, Payments, and Reports.
9. Sales and Purchases.
10. Cash Receipts and Cash Payments.
11. Work Sheet and Adjusting Entries.
12. Financial Statements, Closing Entries, and Reversing Entries.
Capstone. QuickBooks Analysis Activities: Comparative Financial Statements and the Statement of Cash Flows.
Appendix A: Methods of Depreciation.
Appendix B: Bad Debts.
Appendix C: Inventory Methods.
Appendix D: Notes Receivable/Notes Payable.
Appendix E: Departmental Accounting (online only).

New to this edition

  • NEW: ACCOUNTING WITH QUICKBOOKS is an entirely new section at the end of each chapter that explains how to apply the fundamentals of accounting processes directly with QuickBooks accounting software. Complete with clear screen captures, learning objectives, new accounting language, and "QuickBooks Tips," this feature is a must for instructors that value real-world technology and want their students to understand how to utilize a real-world application and how to apply it to day-to-day workplace accounting.
  • NEW: TRY IT WITH QUICKBOOKS feature appears at the end of the Chapter Review section within each chapter and provides various accounting activities as well as suggests end-of-chapter problems that students can use to enhance their QuickBooks skills.
  • NEW: REVIEW IT WITH QUICKBOOKS is a quick self-study check focusing only on the QuickBooks information presented within the chapter.
  • NEW: QUICKBOOKS TIPS are helpful margin notes spread throughout chapters where students can apply accounting knowledge within QuickBooks software.
  • NEW: BLUEPRINT PROBLEMS, available in CengageNOW™, relate to the Accounting Cycle Practice Exercises for a Service and Merchandising Business. The "Blueprint Problems" are designed to help students see the big picture regarding fundamental accounting concepts by breaking concepts into smaller parts that build on each other through a systematic problem-solving process.

Supplements

All supplements have been updated in coordination with the Main title.
Please see Main title page for new to this edition information.

Instructor Supplements

Website  (ISBN-10: 1285757920 | ISBN-13: 9781285757926)
Instructor's Resource Solutions Manual  (ISBN-10: 1285838092 | ISBN-13: 9781285838090)

This helpful guide provides suggested homework check questions, teaching and learning objectives, key points, lecture outlines, demonstration problems, responses to discussion questions, and solutions to all text exercises, problems, and activities. Also included are transition guides from the 11th to 12th edition, reviews of T Account Placement and Representative Transactions, chart to gauge the difficulty levels of assignments and estimate student completion time, and suggested abbreviations for account titles. The IRSM is available in print, electronically on the instructor resource CD-ROM, and at http://login.cengage.com (not saleable).

Test Bank  (ISBN-10: 1285838904 | ISBN-13: 9781285838908)

Revised and verified to ensure accuracy, the Test Bank includes questions clearly identified by topic, learning objectives, level of difficulty, AACSB, Blooms Taxonomy, AICPA, and ACBSP standards to allow greater guidance in developing assessments and evaluating student progress. The Test Bank now includes questions based on the QuickBooks content from the text. The Test Bank is available in print, electronically on the instructor resource CD-ROM, and at http://login.cengage.com (not saleable).

Cengage Testing, powered by Cognero® Instant Access  (ISBN-10: 1305086104 | ISBN-13: 9781305086104)

Cengage Learning Testing powered by Cognero® is a flexible, online system that allows you to: import, edit, and manipulate content from the text's test bank or elsewhere, including your own favorite test questions; create multiple test versions in an instant; and deliver tests from your LMS, your classroom, or wherever you want.

Working Papers with Study Guide  (ISBN-10: 1285838076 | ISBN-13: 9781285838076)

With quality content consistent with the text, the study guide contains chapter outlines linked to the learning objectives and assignments in the text. These include review questions, exercises, and problems. The working papers are designed to help students successfully complete the end-of-chapter exercises and problems. Available in print for student purchase.

Trey's Fast Cleaning Service Practice Set for College Accounting and Cengage Learning General Ledger, 2 terms (12 months) Printed Access Card  (ISBN-10: 1305628128 | ISBN-13: 9781305628120)

Put your students to work within a sole-proprietorship business in this dynamic simulation for use after text Chapter 7. Students will review the basics of accrual accounting, including the accounting cycle and accounting for cash. The accompanying CD contains General Ledger software and the data files to complete the practice set. (Appropriate for use after Chapter 7.)

Student Supplements

Working Papers with Study Guide  (ISBN-10: 1285838076 | ISBN-13: 9781285838076)

With quality content consistent with the text, the study guide contains chapter outlines linked to the learning objectives and assignments in the text. These include review questions, exercises, and problems. The working papers are designed to help you successfully complete the end-of-chapter exercises and problems. Available in print for student purchase.

Trey's Fast Cleaning Service Practice Set for College Accounting and Cengage Learning General Ledger, 2 terms (12 months) Printed Access Card  (ISBN-10: 1305628128 | ISBN-13: 9781305628120)

Go to work within a sole-proprietorship service business in this dynamic simulation. You will review the accounting cycle and accounting for cash as you gain valuable hands-on practice. The accompanying CD contains General Ledger software and the data files to complete the practice set.