Higher Education

Introductory Course, Chapters 1-16, 9th Edition

  • Claudia Bienias Gilbertson North Hennepin Community College, Retired
  • Mark W. Lehman Mississippi State University
  • ISBN-10: 0538447079  |  ISBN-13: 9780538447072
  • 592 Pages
  • Previous Editions: 2006, 2003, 2000
  • © 2009 | Published
  • College Bookstore Wholesale Price = $78.75 List Price = $ 104.95

About

Overview

No other accounting text takes you further or gives you more. With CENTURY 21 ACCOUNTING MULTICOLUMN JOURNAL, 9E you place the advantage of more than 100 years of accounting success into your students' hands with the latest from this authoritative leader in accounting education. Each advantage you find within CENTURY 21 ACCOUNTING MULTICOLUMN JOURNAL, 9E reflects guidance from a Teacher Review Board of more than 60 experienced educators, just like you, and input from a first-of-its-kind Student Advisory Board. This edition's fresh, clean presentation addresses your contemporary classroom needs as effectively today as this best-selling text did more than a century ago when it redefined the accounting course. CENTURY 21 ACCOUNTING MULTICOLUMN JOURNAL starts with the five-column multicolumn journal before moving into special journals in Part Two. This is the only text to offer you a choice in accounting presentation. The NINTH EDITION'S new student-driven design now integrates commercial technology into the end of every chapter and offers the market's first Online Working Papers, based on your requests. A unique focus on financial literacy and emphasis on character in this edition, as well as actual companies selected by students prepare your class for accounting challenges. Trust the book's unwavering accuracy to ensure a complete text, comprehensive package, and technology solutions with the advantage to move your course and your students ahead in today's times.

Features and Benefits

  • Careers in Accounting highlight the educational and experience requirements for specific jobs within accounting and related fields--now and in the future--based on intriguing one-on-one interviews with leading executives.
  • Business Structures focus on the business and legal issues involved in forming and dissolving business organizations, such as proprietorships, corporations, and partnerships.
  • Analysis of Best Buy's Financial Statements throughout this edition allows students to closely examine business performance in all aspects of operations using financial statements from a familiar business.
  • Internet Research Activities at the beginning of every chapter encourage students to search the Internet for answers related to chapter content and provide practice in technology and research skills.
  • Competitive event preparation for FBLA and BPA throughout the text refines students' skills and equips them for success at these events.

Table of Contents

PART 1: ACCOUNTING FOR A SERVICE BUSINESS ORGANIZED AS A PROPRIETORSHIP.
1. Starting a Proprietorship: Changes that Affect the Accounting Equation.
2. Analyzing Transactions into Debit and Credit Parts.
3. Journalizing Transactions.
4. Posting to a General Ledger.
5. Cash Control Systems.
Reinforcement Activity 1--Part A.
6. Work Sheet for a Service Business.
7. Financial Statements for a Proprietorship.
8. Recording Adjusting and Closing Entries for a Service Business.
Reinforcement Activity 1--Part B.
Simulation 1 Description.
PART 2: ACCOUNTING CYCLE FOR A MERCHANDISING BUSINESS ORGANIZED AS A CORPORATION.
9. Journalizing Purchases and Cash Payments.
10. Journalizing Sales and Cash Receipts Using Special Journals.
Reinforcement Activity 2--Part A.
11. Posting to General and Subsidiary Ledgers.
12. Preparing Payroll Records.
13. Payroll Accounting, Taxes, and Reports.
Reinforcement Activity 2--Part B.
14. Distributing Dividends and Preparing a Work Sheet for a Merchandising Business.
15. Financial Statements for a Corporation.
16. Recording Adjusting and Closing Entries for a Corporation.
Reinforcement Activity 2--Part C.
Simulation 2 Description.
App. A: Statement of Cash Flows.
App. B: Best Buy's Fiscal 2007 Annual Report.
App. C: Using a Calculator and Computer Keypad.
App. D: Recycling Problems.
App. E: Answers to Audit Your Understanding.
Glossary.
Index.

What's New

  • Responsive instruction within a clean, fresh design--reshaped in partnership with you--offers a student-tested and instructor-approved approach that's easy to follow and simple to use.
  • Commercial technology now integrated into the end of each chapter equips students to work with Microsoft® Excel, Peachtree, QuickBooks, and Automated Accounting with step-by-step instructions and the flexibility to use multiple versions of software.
  • The market's first Online Working Papers, available exclusively with this edition, provide immediate feedback for students while saving you time. Accurate assessments of the student's complete work give you an instant sense of each student's comprehension. Grades are automatically entered in an instructor's online grade book.
  • Unique focus on Financial Literacy in feature boxes throughout the text addresses both business finance issues and critical personal finance topics.
  • New Real Companies featured throughout this edition--chosen by the Student Advisory Board--capture interest within fascinating chapter openers and effective examples. Actual businesses, such as Gold's Gym, American Eagle, eBay, and Old Navy connect chapter topics to what's driving business decisions and organizations.
  • New Character Counts features respond to the increasing importance of ethics and personal character in accounting today. These ethical dilemmas within every chapter assist students with decision-making and critical thinking skills, while challenging their personal character development.
  • Updated Real-World Source Documents presented with each new transaction in the text provide objective evidence for journalizing every transaction. Source documents are included within Online and printed Working Papers for select end-of-chapter problems.
  • Improved organization ensures clearer student understanding. Students start with a service business organized as a proprietorship and merchandising businesses organized as corporations before concluding with special topics, partnerships, and recording international sales and electronic transactions.
  • T accounts are always used to analyze transactions into debit and credit parts to increase comprehension of journalizing transactions.
  • Clean new design and presentation with step-by-step instructions and descriptive text clearly reinforces concepts. Three or four lessons and corresponding assessment activities within each chapter as well as short application problems ensure understanding before students tackle longer mastery and challenge problems.
  • Careers in Accounting highlight the educational and experience requirements for specific jobs within accounting and related fields--now and in the future--based on intriguing one-on-one interviews with leading executives.
  • Business Structures focus on the business and legal issues involved in forming and dissolving business organizations, such as proprietorships, corporations, and partnerships.
  • Analysis of Best Buy's Financial Statements throughout this edition allows students to closely examine business performance in all aspects of operations using financial statements from a familiar business.
  • Internet Research Activities at the beginning of every chapter encourage students to search the Internet for answers related to chapter content and provide practice in technology and research skills.
  • Competitive event preparation for FBLA and BPA throughout the text refines students' skills and equips them for success at these events.

Learning Resource Bundles

Choose the textbook packaged with the resources that best meet your course and student needs. Contact your Learning Consultant for more information.

Bundle: Electro, Inc., Automated Simulation + Automated Accounting Online Printed Access Card for Electro Inc. Multicolumn Journal Automated Simulation

ISBN-10: 113353757X  | ISBN-13: 9781133537571

List Price = $45.95  | CengageBrain Price = $45.95  | College Bookstore Wholesale Price = $34.75

This Bundle Includes:

  • Electro, Inc., Automated Simulation
    List Price = $39.95  | CengageBrain Price = $39.95  | College Bookstore Wholesale Price = $30.00
  • Automated Accounting Online Printed Access Card for Electro Inc. Multicolumn Journal Automated Simulation
    List Price = $6.95  | College Bookstore Wholesale Price = $5.25


Bundle: Unique Global Imports Automated Simulation + Automated Accounting Online Printed Access Card for Unique Global Imports Multicolumn Journal Automated Simulation

ISBN-10:  1133537537  | ISBN-13:  9781133537533

List Price = $45.95  | CengageBrain Price = $45.95  | College Bookstore Wholesale Price = $34.75

This Bundle Includes:

  • Unique Global Imports Automated Simulation
    List Price = $39.95  | College Bookstore Wholesale Price = $30.00
  • Automated Accounting Online Printed Access Card for Unique Global Imports Multicolumn Journal Automated Simulation
    List Price = $6.95  | College Bookstore Wholesale Price = $5.25


Bundle: Rico Sanchez, Disc Jockey, Automatic Simulation + Automated Accounting Online for Rico Sanchez Multicolumn Journal Automated Simulation

ISBN-10:  1133537502 | ISBN-13:  9781133537502

List Price = $39.95  | CengageBrain Price = $39.95  | College Bookstore Wholesale Price = $30.00

This Bundle Includes:

  • Rico Sanchez, Disc Jockey, Automatic Simulation
    List Price = $39.95  | CengageBrain Price = $39.95  | College Bookstore Wholesale Price = $30.00
  • Automated Accounting Online Printed Access Card
    List Price = $5.00  | College Bookstore Wholesale Price = $5.00


Meet the Author

Author Bio

Claudia Bienias Gilbertson

Claudia B. Gilbertson served as a highly effective high school instructor for 11 years and a community college instructor for 25 years. While retired from North Hennepin Community College, Ms. Gilbertson remains active in shaping today's educational processes as she serves as a respected and sought-after consultant for numerous online accounting learning solutions. She is active in the National Business Education Association, North Central Business Education Association, and Minnesota Business Educators, Inc.

Mark W. Lehman

Mark W. Lehman, assistant professor emeritus of Accountancy at the Richard C. Adkerson School of Accountancy at Mississippi State University, teaches Accounting Information Systems and Forensic Accounting. A former auditor with PricewaterhouseCoopers, Dr. Lehman is a Certified Public Accountant and a Certified Fraud Examiner. Dr. Lehman writes journal articles and consults with accountants on the use of software in fraud detection. He was awarded Outstanding Educator by the Mississippi Society of Certified Public Accountants in 2007.