Higher Education

Financial & Managerial Accounting, 12th Edition

  • Carl S. Warren University of Georgia
  • James M. Reeve University of Tennessee
  • Jonathan Duchac Wake Forest University
  • ISBN-10: 1133952429  |  ISBN-13: 9781133952428
  • 1408 Pages
  • Previous Editions: 2012, 2009, 2007
  • © 2014 | Published
  • College Bookstore Wholesale Price = $284.50
  • Newer Edition Available
  *Why an online review copy?
  • It's the greener, leaner way to review! An online copy cuts down on paper and on time. Reduce the wait (and the weight) of printed texts. Your online copy arrives instantly, and you can review it anytime from your computer or favorite mobile device.

If you prefer a print copy to review, please contact your representative.

The Warren Family


The Warren/Reeve/Duchac Family

The Warren/Reeve/Duchac Family of solutions provides a host of options to fit your exact teaching style - all with an integrated technology solution. See below for the breakdown of the solutions within this time-tested family!


The Warren/Reeve/Duchac Family

About

Overview

Activate Learning with Warren/Reeve/Duchac’s, FINANCIAL AND MANAGERIAL ACCOUNTING! Market-leading FINANCIAL AND MANAGERIAL ACCOUNTING has been on the forefront of innovation and change based on the needs of today’s teaching and learning environment. Warren offers students clear guidance to complete homework with an efficient presentation for today's learner. The high impact writing style and streamlined design makes important information accessible, with a focus on providing the best and most complete examples. The Complete Learning System in FINANCIAL AND MANAGERIAL ACCOUNTING and CengageNOW is built around the way students use textbooks and online resources to learn, study and complete homework, allowing them to achieve ultimate success in this course. New to this edition, the authors created innovative, unique content that is focused on unique student and instructor needs before and after lecture – and the type of activities best-suited to each point in learning. New content like the author-written Activation Exercises, helps students come to class more prepared, and enables them to more easily connect the dots, enhance their depth of knowledge and have better tools for remediation and review. The end goal of Warren/Reeve/Duchac’s text and technology learning system is to Activate Learning & create more empowered & prepared students--ready to take on the rest of their educational and career goals. Available with InfoTrac® Student Collections http://gocengage.com/infotrac.

Features and Benefits

  • Hallmark features:
  • Example Exercises: Based on extensive market feedback, Example Exercises were developed to reinforce concepts and procedures in a bold, new way. Like a teacher in the classroom, students follow the authors' example to see how to complete accounting applications in the textbook. Each Example Exercise references the parallel Practice Exercises in the homework so students get the accounting experience they need. Animated Example Exercises are also tied to the Practice Exercises within CengageNOW to provide students with an easily accessible audiovisual walk-through of how to solve these questions.
  • Complete Learning System: Students can easily locate the information they need to efficiently master course concepts using the "Guiding Principles System." At the beginning of every chapter, students have a map of the chapter objectives, related topics and outcomes, Example Exercises in the chapter, and corresponding Practice Exercises in the homework. The "At a Glance" chapter summary completes this proven system that leads students quickly to the information they need.
  • Blueprint Problems:
  • Blueprint Problems are teaching problems that cover the primary learning objectives and help students understand the fundamental accounting concepts and their associated building blocks--not just memorize the formulas or journal entries required for a single concept. Whether used as group or in-class exercises, homework, or review before an exam, these comprehensive problems tie together concepts and support reinforcement of core accounting fundamentals.
  • Market Leading End-of-Chapter Material: Students need to practice accounting so that they can understand and use it. To give students the greatest possible advantage in the real world, FINANCIAL AND MANAGERIAL ACCOUNTING, 12E, goes beyond presenting theory and procedure with comprehensive, time-tested end-of-chapter material.
  • Relevant Chapter Openers: Building on the strengths of past editions, these openers use real companies, such as Twitter and Google, to help students relate to accounting and business concepts in the chapter. They provide invaluable insight into real practice. Chapter openers created especially for this edition focus on interesting companies such as Facebook, Scripps-Howard, Rhapsody and Razor and are accompanied by a chapter-opening video in CengageNOW.
  • Financial Analysis and Interpretation: Beginning with Chapter 1, the "Financial Analysis and Interpretation" section at the end of each financial accounting chapter introduces relevant key ratios used throughout the textbook. Students connect with the business environment as they learn how stakeholders interpret financial reports. This section covers basic analysis tools that students will use again in Chapter 15, "Financial Statement Analysis." Furthermore, students can test their proficiency with these tools through special activities and exercises at the end of each chapter. To ensure a consistent presentation, a unique icon is used for both the section and related end-of-chapter materials and learning objectives take the accounting concepts presented in the chapter and apply them to real world situations (i.e. horizontal analysis, segment analysis, revenue per employee, dividend yield).
  • Business Connections and Comprehensive Real-World Notes: Students get a close-up look at how accounting operates in the marketplace through a variety of items in the margins and in the "Business Connections" boxed features. In addition, a variety of end-of-chapter exercises and problems employ real-world data to give students a feel for the material that accountants see daily. Real companies are highlighted in blue font throughout each chapter for a consistent presentation.
  • Integrity, Objectivity, and Ethics in Business: In each chapter, these cases help students develop their ethical compass. Often coupled with related end-of-chapter activities, these cases can be discussed in class or students can consider the cases as they read the chapter. Both the section and related end-of-chapter materials are indicated with a unique icon for a consistent presentation.
  • Continuing Case Study: Students follow a fictitious company, NetSolutions, throughout Chapters 1–5, which demonstrates a variety of transactions. To help students connect to the world of accounting, the NetSolutions transactions in Chapters 1 and 2 are often paired with nonbusiness events to which students can easily relate.
  • Illustrative Problem and Solution: A solved problem models one or more of the chapter's assignment problems so that students can apply the modeled procedures to end-of-chapter materials. IFRS Coverage: IFRS icons throughout the text point to specific chapter content that is then detailed in our IFRS table. This table outlines the IFRS impact on accounting concepts.

Table of Contents

1. Introduction to Accounting and Business.
2. Analyzing Transactions.
3. The Adjusting Process.
4. Completing the Accounting Cycle
5. Accounting for Merchandising Businesses.
6. Inventories.
7. Sarbanes-Oxley, Internal Control, and Cash.
8. Receivables.
9. Fixed Assets and Intangible Assets.
10. Current Liabilities and Payroll.
11. Corporations: Organization, Stock Transactions, and Dividends.
12. Long-Term Liabilities: Bonds and Notes.
13. Investments and Fair Value Accounting.
14. Statement of Cash Flows.
15. Financial Statement Analysis.
16. Managerial Accounting Concepts and Principles.
17. Job Order Costing.
18. Process Cost Systems.
19. Cost Behavior and Cost-Volume-Profit Analysis.
20. Variable Costing for Management Analysis.
21. Budgeting.
22. Performance Evaluation Using Variances from Standard Costs.
23. Performance Evaluation for Decentralized Operations.
24. Differential Analysis, Product Pricing, and Activity-Based Costing.
25. Capital Investment Analysis.
26. Cost Allocation and Activity-Based Costing.
27. Cost Management for Just-in-Time Environments.
Appendix A Interest Tables.
Appendix B Nike, Inc. 2011 Annual Report.
Appendix C International Financial Reporting Standards .
Appendix D Reversing Entries.
Appendix E Special Journals and Subsidiary Ledgers.
Glossary.
Subject Index.
Company Index.

What's New

  • REORGANIZATION OF CHAPTER 5: "Accounting for Merchandising Businesses" (Chapter 5) was re-organized to start with purchases and sales transactions and then end with the creation of the multi-step income statement. This model more intuitively follows a similar structure as the cycle chapters (starting with the entries and moving to the financial statements).
  • EXPANDED INVENTORY COVERAGE: "Inventories" (Chapter 6) now includes coverage of the weighted average cost method under a perpetual inventory system. The trend to cover perpetual inventory (vs. periodic) and the wide use of popular accounting software packages that use weighted average cost-perpetual (point-of-sale) led to this change. All exhibits and illustrations pertaining to the weighted average cost method have been updated.
  • REFRESHED REAL-WORLD INTEGRATION: As with every new edition, the authors have ensured that new real-world companies have been added, real-world data has been updated, and names and values of end-of-chapter material have been changed.
  • NEW ACTIVATION EXERCISES FOR SELECT FINANCIAL CHAPTERS: These author-written Activation Exercises in CengageNOW and Aplia are an extension of the Complete Learning System and focus on helping students develop a better understanding of (1) key terms and definitions, (2) the economics of business transactions, (3) how these transactions are recorded in the accounting system, and where relevant, (4) how these transactions are ultimately reflected in the financial statements. 100% consistent with the book's approach and terminology, the Activation Exercises' interactive structure builds the critical thinking skills that are necessary for students to succeed and can be used as an introduction to topics or for review and assessment. Use them as a means of reinforcing chapter concepts before or after a lecture. A student that has completed an Activation Exercise is a student on the way towards building mastery.
  • NEW ANIMATED ACTIVITIES: Animated Activities in CengageNOW and Aplia are the perfect pre-lecture assignment to expose students to concepts before class! These illustrations visually guide students through selected core topics using a realistic company example to illustrate how the concepts relate to the everyday activities of a business. Animated Activities are assignable or available for self-study and review.
  • NEW BLUEPRINT CONNECTIONS: Blueprint Connections in CengageNOW and Aplia are shorter extensions of the Blueprint Problems that build upon concepts covered and introduced within the Blueprint Problems. These scenario-based exercises help reinforce students' knowledge of the concept, strengthen their analytical skills and are useful as in-class activities or as homework/review after lecture and before the exam.
  • NEW AUTHOR-WRITTEN "Check My Work" FEEDBACK: The written feedback available when students click on "Check My Work" in CengageNOW has been revised by the authors to achieve a more holistic student learning experience.
  • NEW POST-SUBMISSION FEEDBACK: Where appropriate, source calculations and further explanation have been added alongside the solution in CengageNOW to help students understand where they went wrong in solving end-of-chapter items.
  • NEW CONCEPTUAL CONVERSION QUESTIONS: End-of-chapter questions or requirements within larger questions that were previously short answer have been converted into an assignable & gradable format within CengageNOW and Aplia. This allows you to better assess students' conceptual understanding of topics, something that has previously been difficult within an online homework system. Green pencil icons in the print text denote which questions have been converted into this format in the technology.
  • NEW EXCEL "Try It" TUTORIALS: Located in the Study Tools Tab in CengageNOW, these activities provide students with basic tutorials on how to use Excel to solve accounting problems. Students practice accounting and manipulate spreadsheets using basic Excel® formulas in a simple step-by-step format. The tutorials reinforce the accounting concepts and help build students' Excel competency.
  • InfoTrac® Student Collections are specialized databases expertly drawn from the Gale Academic One library. Each InfoTrac® Student Collection enhances the student learning experience in the specific course area related to the product. These specialized databases allow access to hundreds of scholarly and popular publications - all reliable sources - including journals, encyclopedias, and academic reports. Learn more and access at: http://gocengage.com/infotrac.

Alternate Formats

Choose the format that best fits your student's budget and course goals

To customize your learning solution, contact your Learning Consultant for more information.

  • Looseleaf Edition

    ISBN-10: 1285078578  | ISBN-13: 9781285078571

    List Price = $239.95  | CengageBrain Price = $239.95  | College Bookstore Wholesale Price = $180.50

  • CengageNOW 1 Term (6 Months) + Loose-leaf

    ISBN-10:  1305126769  | ISBN-13:  9781305126763

    List Price = $210.95  | CengageBrain Price = $210.95  | College Bookstore Wholesale Price = $158.75

  • CengageNOW on Blackboard 2 Terms (12 Months) + Loose-leaf

    ISBN-10:  0619236264  | ISBN-13:  9780619236267

    List Price = $210.95  | CengageBrain Price = $210.95  | College Bookstore Wholesale Price = $158.75

  • Aplia 1 Term (6 Months) + Loose-leaf

    ISBN-10:  1305530276  | ISBN-13:  9781305530270

    List Price = $180.95  | CengageBrain Price = $180.95  | College Bookstore Wholesale Price = $136.25

  • Aplia 2 Terms (12 Months) + Loose-leaf

    ISBN-10:  130558760X | ISBN-13:  9781305587601

    List Price = $210.95  | CengageBrain Price = $210.95  | College Bookstore Wholesale Price = $158.75

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.

Printed Text + Aplia™, 2 terms Instant Access

ISBN-10: 1285584511  | ISBN-13: 9781285584515

List Price = $404.95  | CengageBrain Price = $404.95  | College Bookstore Wholesale Price = $304.50

This Bundle Includes:

  • Financial & Managerial Accounting
    List Price = $377.95  | CengageBrain Price = $377.95  | College Bookstore Wholesale Price = $284.50
  • Aplia™, 2 terms Instant Access
    List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00


Bundle: Text + CengageNOW™, 2 terms Printed Access Card

ISBN-10:  1285584554  | ISBN-13:  9781285584553

List Price = $397.95  | College Bookstore Wholesale Price = $299.50

This Bundle Includes:

  • Financial & Managerial Accounting
    List Price = $377.95  | CengageBrain Price = $377.95  | College Bookstore Wholesale Price = $284.50
  • CengageNOW™, 2 terms Printed Access Card
    List Price = $165.00  | College Bookstore Wholesale Price = $123.75


Bundle: Financial & Managerial Accounting, 12th + Spreadsheet Success in Accounting, 12th + Spreadsheet: Success Using Excel® 2-Semester Printed Access Card + CengageNOW Printed Access Card

ISBN-10:  128558628X  | ISBN-13:  9781285586281

List Price = $459.95  | CengageBrain Price = $459.95  | College Bookstore Wholesale Price = $346.00

This Bundle Includes:

  • Financial & Managerial Accounting
    List Price = $377.95  | CengageBrain Price = $377.95  | College Bookstore Wholesale Price = $284.50
  • Spreadsheet Success in Accounting
    List Price = $61.95  | CengageBrain Price = $61.95  | College Bookstore Wholesale Price = $46.50
  • CengageNOW™, 2 terms Printed Access Card
    List Price = $165.00  | College Bookstore Wholesale Price = $123.75


Printed Text + CengageNOW on Blackboard® 2-Semester Instant Access

ISBN-10:  128558452X  | ISBN-13:  9781285584522

List Price = $397.95  | CengageBrain Price = $397.95  | College Bookstore Wholesale Price = $299.50

This Bundle Includes:

  • Financial & Managerial Accounting
    List Price = $377.95  | CengageBrain Price = $377.95  | College Bookstore Wholesale Price = $284.50
  • CengageNOW on Blackboard®, 2 terms (12 months) Instant Access
    List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00


Bundle: Text + LMS Integrated for CengageNOW™, 2 terms Printed Access Card

ISBN-10:  1305519272  | ISBN-13:  9781305519275

List Price = $397.95  | College Bookstore Wholesale Price = $299.50

This Bundle Includes:

  • Financial & Managerial Accounting
    List Price = $377.95  | CengageBrain Price = $377.95  | College Bookstore Wholesale Price = $284.50
  • LMS Integrated for CengageNOW™, 2 terms Printed Access Card
    List Price = $165.00  | College Bookstore Wholesale Price = $123.75


Printed Text + LMS Integrated for CengageNOW™ Instant Access

ISBN-10:  1305519280  | ISBN-13:  9781305519282

List Price = $397.95  | CengageBrain Price = $397.95  | College Bookstore Wholesale Price = $299.50

This Bundle Includes:

  • Financial & Managerial Accounting
    List Price = $377.95  | CengageBrain Price = $377.95  | College Bookstore Wholesale Price = $284.50
  • LMS Integrated for CengageNOW™, 2 terms Instant Access
    List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00


Bundle: Financial & Managerial Accounting, 12th + Spreadsheet Success in Accounting, 12th + Spreadsheet: Success Using Excel® 2-Semester Printed Access Card + CengageNOW Printed Access Card

ISBN-10:  1285586271 | ISBN-13:  9781285586274

List Price = $272.95  | CengageBrain Price = $272.95  | College Bookstore Wholesale Price = $205.25

This Bundle Includes:

  • Financial & Managerial Accounting
    List Price = $239.95  | CengageBrain Price = $239.95  | College Bookstore Wholesale Price = $180.50
  • Spreadsheet Success in Accounting
    List Price = $61.95  | CengageBrain Price = $61.95  | College Bookstore Wholesale Price = $46.50
  • CengageNOW™, 2 terms Printed Access Card
    List Price = $165.00  | College Bookstore Wholesale Price = $123.75


Supplements

All supplements have been updated in coordination with the main title. Select the main title's "About" tab, then select "What's New" for updates specific to title's edition.

For more information about these supplements, or to obtain them, contact your Learning Consultant.

Instructor Supplements

Spreadsheet Success in Accounting  (ISBN-10: 1285196341 | ISBN-13: 9781285196343)

The Spreadsheet Success booklet helps students use Excel to learn and reinforce accounting concepts through 4 steps: (1) Read the accounting concept; (2) Follow along as the Spreadsheet Success Example shows how to solve the accounting concept; (3) Practice using the TryIt! Tutorial; (4) Apply knowledge by completing the Spreadsheet Success Special Activity. The booklet contains Spreadsheet Success Examples and Special Activity problems. The printed access card gives students access to a website that has the TryIt! Tutorials and data files needed for the Spreadsheet Success Special Activities.

List Price = $61.95  | CengageBrain Price = $61.95  | College Bookstore Wholesale Price = $46.50

Test Bank, Volume 1  (ISBN-10: 1285085450 | ISBN-13: 9781285085456)

Test Bank, Volume 2  (ISBN-10: 1285085469 | ISBN-13: 9781285085463)

Instructor's Manual, Volume 1  (ISBN-10: 1285085434 | ISBN-13: 9781285085432)

Instructor's Manual, Volume 2  (ISBN-10: 1285085442 | ISBN-13: 9781285085449)

K&A Inspector Software for Practice Sets  (ISBN-10: 1285758366 | ISBN-13: 9781285758367)

This software will help you grade student work for each of the practice sets.

Solutions Manual, Volume 1  (ISBN-10: 128508537X | ISBN-13: 9781285085371)

Clear solutions to all end-of-chapter problems. Includes answers to discussion questions, Practice Exercises, Exercises, Problem Series A and B, Comprehensive Problems, Continuing Problems, and Cases and Projects. New to this edition: All solutions have been updated to match new names and values from the core text. Solutions have gone through a rigorous process of verification.

Solutions Manual, Volume 2  (ISBN-10: 1285085388 | ISBN-13: 9781285085388)

Clear solutions to all end-of-chapter problems. Includes answers to discussion questions, Practice Exercises, Exercises, Problem Series A and B, Comprehensive Problems, Continuing Problems, and Cases and Projects. New to this edition: All solutions have been updated to match new names and values from the core text. Solutions have gone through a rigorous process of verification.

Solution Transparencies, Exercises, Chs. 1-15  (ISBN-10: 1285163672 | ISBN-13: 9781285163673)

Solution Transparencies, Exercises, Chapters 16-27  (ISBN-10: 1285163680 | ISBN-13: 9781285163680)

Solution Transparencies, Series B, Chapters 16-27  (ISBN-10: 1285163729 | ISBN-13: 9781285163727)

Working Papers, Volume 1  (ISBN-10: 1285085396 | ISBN-13: 9781285085395)

The traditional working papers include problem-specific forms for preparing solutions for Exercises, A& B Problems, the Continuing Problem, and the Comprehensive problems from the textbook. These forms, with preprinted headings, provide a structure for the problems, which helps students get started and saves time. New to this edition: All forms have been updated to coincide with core text changes.

List Price = $60.95  | CengageBrain Price = $60.95  | College Bookstore Wholesale Price = $45.75

Working Papers, Volume 2  (ISBN-10: 128508540X | ISBN-13: 9781285085401)

The traditional working papers include problem-specific forms for preparing solutions for Exercises, A& B Problems, the Continuing Problem, and the Comprehensive problems from the textbook. These forms, with preprinted headings, provide a structure for the problems, which helps students get started and saves time. New to this edition: All forms have been updated to coincide with core text changes.

List Price = $69.95  | CengageBrain Price = $69.95  | College Bookstore Wholesale Price = $52.75

Study Guide, Volume 1  (ISBN-10: 1285085418 | ISBN-13: 9781285085418)

This author-written guide provides students quiz and test hints, matching questions, fill-in-the-blank questions (parts A & B), multiple-choice questions, true/false questions, exercises, and problems for each chapter. New to this edition: All time-sensitive material has been updated for currency. Exercises and problems have been edited with new names and values.

List Price = $68.95  | CengageBrain Price = $68.95  | College Bookstore Wholesale Price = $52.00

Study Guide, Volume 2  (ISBN-10: 1285085426 | ISBN-13: 9781285085425)

This author-written guide provides students quiz and test hints, matching questions, fill-in-the-blank questions (parts A & B), multiple-choice questions, true/false questions, exercises, and problems for each chapter. New to this edition: All time-sensitive material has been updated for currency. Exercises and problems have been edited with new names and values.

List Price = $68.95  | CengageBrain Price = $68.95  | College Bookstore Wholesale Price = $52.00

General Ledger Software CD-ROM  (ISBN-10: 1285462564 | ISBN-13: 9781285462561)

Prepared by Dale Klooster and Warren Allen, this best-selling, educational, general ledger package introduces students to the world of computerized accounting through a more intuitive, user-friendly system than the commercial software they'll use in the future. In addition, students have access to general ledger files with information based on problems from the textbook and practice sets. This context allows them to see the difference between manual and computerized accounting systems firsthand and includes a problem checker. Problems that can be used with Klooster/Allen are highlighted by an icon.

List Price = $69.95  | CengageBrain Price = $69.95  | College Bookstore Wholesale Price = $52.75

Lawn Ranger Landscaping Practice Set with GL Software  (ISBN-10: 1285180992 | ISBN-13: 9781285180991)

This practice set covers the complete accounting cycle for a small service business operated as a sole proprietorship. Students follow a narrative of transactions to make general journal entries. The estimated time to complete this practice set is 15-16 hours.

List Price = $109.95  | CengageBrain Price = $109.95  | College Bookstore Wholesale Price = $82.50

Lightning Fitness Equipment Practice Set with GL Software  (ISBN-10: 1285178947 | ISBN-13: 9781285178943)

This practice set is for a retail and wholesale seller of fitness equipment and apparel. This set includes a general journal and special journals: sales journal, purchases journal, cash receipts journal, and cash payments journal. It also includes sub- and general ledgers, a checkbook register, and source documents. The business is a sole proprietorship. The estimated time to complete this practice set is 14-15 hours.

List Price = $109.95  | CengageBrain Price = $109.95  | College Bookstore Wholesale Price = $82.50

Galas by Jacki Practice Set with GL Software  (ISBN-10: 1285178882 | ISBN-13: 9781285178882)

This practice set is for a company that plans wedding, anniversary and birthday parties, and corporate events. The company also sells party supplies. It includes payroll transactions and purchases and sales with discounts for a merchandising business operated as a proprietorship. The estimated time to complete this practice set is 12-15 hours.

List Price = $122.95  | CengageBrain Price = $122.95  | College Bookstore Wholesale Price = $92.50

JP's Tech Solutions Practice Set with General Ledger Software  (ISBN-10: 1285178858 | ISBN-13: 9781285178851)

List Price = $110.95  | CengageBrain Price = $110.95  | College Bookstore Wholesale Price = $83.25

Hydro Paddle Boards Practice Set with GL Software  (ISBN-10: 1285178777 | ISBN-13: 9781285178776)

This practice set is for a manufacturing corporation that designs and manufactures custom paddle boards and uses a job-order cost system. This set includes subsidiary ledgers, a schedule of employer payroll taxes, a schedule of unfinished goods, and job cost records. The estimated time to complete this practice set is 13-15 hours.

List Price = $86.95  | CengageBrain Price = $86.95  | College Bookstore Wholesale Price = $65.00

CengageNOW Instant Access  (ISBN-10: 128517982X | ISBN-13: 9781285179827)

CengageNOW™ is a powerful course management and online homework tool that provides robust instructor control and customization to optimize the learning experience and meet desired outcomes. CengageNOW™ features Author-Written Homework from the Textbook, Integrated e-book, Personalized Study Plans, Assessment Options, Course Management Tools, including Gradebook.

List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00

CengageNOW on Blackboard®, 2 terms (12 months) Instant Access  (ISBN-10: 1285179846 | ISBN-13: 9781285179841)

List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00

Cengage Learning Write Experience 2.0 Powered by MyAccess with MindTap Reader, 360-Day Instant Access  (ISBN-10: 1285181255 | ISBN-13: 9781285181257)

List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00

CengageNOW with Cengage Learning Write Experience 2.0 Powered by MyAccess 360-Day Instant Access  (ISBN-10: 1285181662 | ISBN-13: 9781285181660)

List Price = $175.00  | CengageBrain Price = $175.00  | College Bookstore Wholesale Price = $175.00

Aplia and Cengage Learning Write Experience 2.0 Powered by MyAccess Instant Access  (ISBN-10: 1285181689 | ISBN-13: 9781285181684)

List Price = $175.00  | CengageBrain Price = $175.00  | College Bookstore Wholesale Price = $175.00

Spreadsheet Success in Accounting, 2 terms (12 months) Instant Access  (ISBN-10: 1285196392 | ISBN-13: 9781285196398)

List Price = $61.00  | CengageBrain Price = $61.00  | College Bookstore Wholesale Price = $61.00

My Place, House of Décor Practice Set  (ISBN-10: 1285180976 | ISBN-13: 9781285180977)

This practice set is for an interior design firm providing services to clients for the first months, and then adds a new component to the business for the last months, which is purchasing and selling antique furniture. It is a service/ merchandise business operated as a corporation. The estimated time to complete this practice set is 15-17 hours.

List Price = $86.95  | CengageBrain Price = $86.95  | College Bookstore Wholesale Price = $65.00

Instructor's Resource CD-ROM  (ISBN-10: 1285179625 | ISBN-13: 9781285179629)

The IRCD includes the PowerPoint presentations, Instructor's Manual, Solutions Manual, Test Bank, ExamView, General Ledger Inspector, and Excel Template Solutions. New to this edition: All supplements on the IRCD have been updated to coincide with core text changes.

Student Supplements

Spreadsheet Success in Accounting  (ISBN-10: 1285196341 | ISBN-13: 9781285196343)

The Spreadsheet Success booklet helps students use Excel to learn and reinforce accounting concepts through 4 steps: (1) Read the accounting concept; (2) Follow along as the Spreadsheet Success Example shows how to solve the accounting concept; (3) Practice using the TryIt! Tutorial; (4) Apply knowledge by completing the Spreadsheet Success Special Activity. The booklet contains Spreadsheet Success Examples and Special Activity problems. The printed access card gives students access to a website that has the TryIt! Tutorials and data files needed for the Spreadsheet Success Special Activities.

List Price = $61.95  | CengageBrain Price = $61.95  | College Bookstore Wholesale Price = $46.50

LMS Integrated for Aplia™, 2 terms Instant Access  (ISBN-10: 1285752961 | ISBN-13: 9781285752969)

One million+ students, one billion answers In just 10 years, more than one billion answers have been submitted through Aplia, the premier online assignment solution. Millions of students use Aplia to better prepare for class and for their exams. Join them today! Know what’s important Aplia assignments mean “no surprises”—with an at-a-glance view of current assignments organized by due date, you always know what’s due, and when. Discover real-world relevance Aplia ties your lessons into real-world applications so you get a bigger, better picture of how you’ll use your education in your future workplace. Master the content Automatic grading and immediate step-by-step feedback helps you master content the right way the first time. Student Testimonial: “I was very engaged; the content in Aplia is useful. The study tools and materials in Aplia most definitely help me feel more prepared. I understood more than I would have otherwise.” - Tia Student, Glendale Community College CTA: Ask your instructor about Aplia for this course. www.cengage.com/aplia

List Price = $165.00  | College Bookstore Wholesale Price = $165.00

Working Papers, Volume 1  (ISBN-10: 1285085396 | ISBN-13: 9781285085395)

The traditional working papers include problem-specific forms for preparing solutions for Exercises, A& B Problems, the Continuing Problem, and the Comprehensive problems from the textbook. These forms, with preprinted headings, provide a structure for the problems, which helps you get started and saves time. New to this edition: All forms have been updated to coincide with core text changes.

List Price = $60.95  | CengageBrain Price = $60.95  | College Bookstore Wholesale Price = $45.75

Working Papers, Volume 2  (ISBN-10: 128508540X | ISBN-13: 9781285085401)

The traditional working papers include problem-specific forms for preparing solutions for Exercises, A& B Problems, the Continuing Problem, and the Comprehensive problems from the textbook. These forms, with preprinted headings, provide a structure for the problems, which helps you get started and saves time. New to this edition: All forms have been updated to coincide with core text changes.

List Price = $69.95  | CengageBrain Price = $69.95  | College Bookstore Wholesale Price = $52.75

Study Guide, Volume 1  (ISBN-10: 1285085418 | ISBN-13: 9781285085418)

This author-written guide provides students quiz and test hints, matching questions, fill-in-the-blank questions (parts A & B), multiple-choice questions, true/false questions, exercises, and problems for each chapter. New to this edition: All time-sensitive material has been updated for currency. Exercises and problems have been edited with new names and values.

List Price = $68.95  | CengageBrain Price = $68.95  | College Bookstore Wholesale Price = $52.00

Study Guide, Volume 2  (ISBN-10: 1285085426 | ISBN-13: 9781285085425)

This author-written guide provides students quiz and test hints, matching questions, fill-in-the-blank questions (parts A & B), multiple-choice questions, true/false questions, exercises, and problems for each chapter. New to this edition: All time-sensitive material has been updated for currency. Exercises and problems have been edited with new names and values.

List Price = $68.95  | CengageBrain Price = $68.95  | College Bookstore Wholesale Price = $52.00

General Ledger Software CD-ROM  (ISBN-10: 1285462564 | ISBN-13: 9781285462561)

Prepared by Dale Klooster and Warren Allen, this best-selling, educational, general ledger package introduces students to the world of computerized accounting through a more intuitive, user-friendly system than the commercial software they'll use in the future. In addition, students have access to general ledger files with information based on problems from the textbook and practice sets. This context allows them to see the difference between manual and computerized accounting systems firsthand and includes a problem checker. Problems that can be used with Klooster/Allen are highlighted by an icon.

List Price = $69.95  | CengageBrain Price = $69.95  | College Bookstore Wholesale Price = $52.75

Lawn Ranger Landscaping Practice Set with GL Software  (ISBN-10: 1285180992 | ISBN-13: 9781285180991)

This practice set covers the complete accounting cycle for a small service business operated as a sole proprietorship. Students follow a narrative of transactions to make general journal entries. The estimated time to complete this practice set is 15-16 hours.

List Price = $109.95  | CengageBrain Price = $109.95  | College Bookstore Wholesale Price = $82.50

Lightning Fitness Equipment Practice Set with GL Software  (ISBN-10: 1285178947 | ISBN-13: 9781285178943)

This practice set is for a retail and wholesale seller of fitness equipment and apparel. This set includes a general journal and special journals: sales journal, purchases journal, cash receipts journal, and cash payments journal. It also includes sub- and general ledgers, a checkbook register, and source documents. The business is a sole proprietorship. The estimated time to complete this practice set is 14-15 hours.

List Price = $109.95  | CengageBrain Price = $109.95  | College Bookstore Wholesale Price = $82.50

Galas by Jacki Practice Set with GL Software  (ISBN-10: 1285178882 | ISBN-13: 9781285178882)

This practice set is for a company that plans wedding, anniversary and birthday parties, and corporate events. The company also sells party supplies. It includes payroll transactions and purchases and sales with discounts for a merchandising business operated as a proprietorship. The estimated time to complete this practice set is 12-15 hours.

List Price = $122.95  | CengageBrain Price = $122.95  | College Bookstore Wholesale Price = $92.50

JP's Tech Solutions Practice Set with General Ledger Software  (ISBN-10: 1285178858 | ISBN-13: 9781285178851)

List Price = $110.95  | CengageBrain Price = $110.95  | College Bookstore Wholesale Price = $83.25

Hydro Paddle Boards Practice Set with GL Software  (ISBN-10: 1285178777 | ISBN-13: 9781285178776)

This practice set is for a manufacturing corporation that designs and manufactures custom paddle boards and uses a job-order cost system. This set includes subsidiary ledgers, a schedule of employer payroll taxes, a schedule of unfinished goods, and job cost records. The estimated time to complete this practice set is 13-15 hours.

List Price = $86.95  | CengageBrain Price = $86.95  | College Bookstore Wholesale Price = $65.00

Aplia™, 1 term Instant Access  (ISBN-10: 1285438604 | ISBN-13: 9781285438603)

Succeed in your course with 1 semester of access to Aplia's interactive learning system--featuring practice problems with immediate feedback and tools developed specifically for FINANCIAL & MANAGERIAL ACCOUNTING, 12th Edition, including step-by-step explanations that help you improve your reasoning and skills, interactive assignments that help you understand difficult or counterintuitive concepts, and more. Aplia has already helped more than a million students succeed in college classes.

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

Aplia™, 2 terms Instant Access  (ISBN-10: 1285163540 | ISBN-13: 9781285163543)

Succeed in your course with 2 semesters of access to Aplia's interactive learning system--featuring practice problems with immediate feedback and tools developed specifically for FINANCIAL & MANAGERIAL ACCOUNTING, 12th Edition, including step-by-step explanations that help you improve your reasoning and skills, interactive assignments that help you understand difficult or counterintuitive concepts, and more. Aplia has already helped more than a million students succeed in college classes.

List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00

CengageNOW Instant Access  (ISBN-10: 128517982X | ISBN-13: 9781285179827)

CengageNOW™ is a powerful course management and online homework tool that provides robust instructor control and customization to optimize the learning experience and meet desired outcomes. CengageNOW™ features Author-Written Homework from the Textbook, Integrated e-book, Personalized Study Plans, Assessment Options, Course Management Tools, including Gradebook.

List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00

CengageNOW on Blackboard®, 2 terms (12 months) Instant Access  (ISBN-10: 1285179846 | ISBN-13: 9781285179841)

Succeed in your accounting course with CengageNOW™, a powerful online homework tool that optimizes your learning experience. This interactive system generates a diagnostic Personalized Study Plan (with a chapter-specific Pre-test, Study Plan, and Post-test) to help you master concepts, prepare for exams, and get a better grade.

List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00

Cengage Learning Write Experience 2.0 Powered by MyAccess with MindTap Reader, 360-Day Instant Access  (ISBN-10: 1285181255 | ISBN-13: 9781285181257)

List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00

CengageNOW with Cengage Learning Write Experience 2.0 Powered by MyAccess 360-Day Instant Access  (ISBN-10: 1285181662 | ISBN-13: 9781285181660)

Succeed in your accounting course with CengageNOW™, a powerful online homework tool that optimizes your learning experience. This interactive system generates a diagnostic Personalized Study Plan (with a chapter-specific Pre-test, Study Plan, and Post-test) to help you master concepts, prepare for exams, and get a better grade. You'll also receive access to Write Experience 2.0, an innovative system that scores your writing instantly and provides you with detailed revision goals and feedback to put you on track for writing excellence.

List Price = $175.00  | CengageBrain Price = $175.00  | College Bookstore Wholesale Price = $175.00

Aplia and Cengage Learning Write Experience 2.0 Powered by MyAccess Instant Access  (ISBN-10: 1285181689 | ISBN-13: 9781285181684)

Succeed in your course with Aplia's interactive learning system--featuring practice problems with immediate feedback and tools developed specifically for FINANCIAL & MANAGERIAL ACCOUNTING, 12th Edition, including step-by-step explanations that help you improve your reasoning and skills, interactive assignments that help you understand difficult or counterintuitive concepts, and more. Aplia has already helped more than a million students succeed in college classes. You'll also receive access to Write Experience 2.0, an innovative system that scores your writing instantly and provides you with detailed revision goals and feedback to put you on track for writing excellence.

List Price = $175.00  | CengageBrain Price = $175.00  | College Bookstore Wholesale Price = $175.00

Spreadsheet Success in Accounting, 2 terms (12 months) Instant Access  (ISBN-10: 1285196392 | ISBN-13: 9781285196398)

List Price = $61.00  | CengageBrain Price = $61.00  | College Bookstore Wholesale Price = $61.00

LMS Integrated for Aplia™, 1 term Instant Access  (ISBN-10: 128575297X | ISBN-13: 9781285752976)

One million+ students, one billion answers In just 10 years, more than one billion answers have been submitted through Aplia, the premier online assignment solution. Millions of students use Aplia to better prepare for class and for their exams. Join them today! Know what’s important Aplia assignments mean “no surprises”—with an at-a-glance view of current assignments organized by due date, you always know what’s due, and when. Discover real-world relevance Aplia ties your lessons into real-world applications so you get a bigger, better picture of how you’ll use your education in your future workplace. Master the content Automatic grading and immediate step-by-step feedback helps you master content the right way the first time. Student Testimonial: “I was very engaged; the content in Aplia is useful. The study tools and materials in Aplia most definitely help me feel more prepared. I understood more than I would have otherwise.” - Tia Student, Glendale Community College CTA: Ask your instructor about Aplia for this course. www.cengage.com/aplia

List Price = $135.00  | College Bookstore Wholesale Price = $135.00

My Place, House of Décor Practice Set  (ISBN-10: 1285180976 | ISBN-13: 9781285180977)

This practice set is for an interior design firm providing services to clients for the first months, and then adds a new component to the business for the last months, which is purchasing and selling antique furniture. It is a service/ merchandise business operated as a corporation. The estimated time to complete this practice set is 15-17 hours.

List Price = $86.95  | CengageBrain Price = $86.95  | College Bookstore Wholesale Price = $65.00

Meet the Author

Author Bio

Carl S. Warren

Dr. Carl S. Warren is Professor Emeritus of Accounting at the University of Georgia, Athens. Dr. Warren has taught classes at the University of Georgia, University of Iowa, Michigan State University, and University of Chicago. He focused his teaching efforts on principles of accounting and auditing. Dr. Warren received his PhD from Michigan State University and his BBA and MA from the University of Iowa. During his career, Dr. Warren published numerous articles in professional journals, including The Accounting Review, Journal of Accounting Research, Journal of Accountancy, The CPA Journal, and Auditing: A Journal of Practice and Theory. Dr. Warren has served on numerous committees of the American Accounting Association, the American Institute of Certified Public Accountants, and the Institute of Internal Auditors. He also has consulted with numerous companies and public accounting firms. His outside interests include handball, golf, skiing, backpacking, and fly-fishing.

James M. Reeve

Dr. James M. Reeve is Professor Emeritus of Accounting and Information Management at the University of Tennessee. Dr. Reeve taught full-time as part of the accounting faculty for twenty-five years after graduating with his PhD from Oklahoma State University. He presently teaches part-time at UT. His teaching efforts focused on Senior Executive MBA programs. His research interests are varied and include work in managerial accounting, supply chain management, lean manufacturing, and information management. He has published more than forty articles in academic and professional journals, including Journal of Cost Management, Journal of Management Accounting Research, Accounting Review, Management Accounting Quarterly, Supply Chain Management Review, and Accounting Horizons. He has consulted or provided training around the world for a variety of organizations, including Boeing, Procter & Gamble, Norfolk Southern, Hershey Foods, Coca-Cola, and Sony. When not writing books, Dr. Reeve plays golf and is involved in faith-based activities.

Jonathan Duchac

Dr. Jonathan Duchac is the Wayne Calloway Professor of Accounting and Acting Associate Dean of Accounting Programs at Wake Forest University. He earned his PhD in accounting from the University of Georgia and currently teaches introductory and advanced courses in financial accounting. Dr. Duchac has received a number of awards during his career, including the Wake Forest University Outstanding Graduate Professor Award, the T.B. Rose award for Instructional Innovation, and the University of Georgia Outstanding Teaching Assistant Award. In addition to his teaching responsibilities, Dr. Duchac has served as Accounting Advisor to Merrill Lynch Equity Research, where he worked with research analysts in reviewing and evaluating the financial reporting practices of public companies. He has testified before the U.S. House of Representatives, the Financial Accounting Standards Board, and the Securities and Exchange Commission and has worked with a number of major public companies on financial reporting and accounting policy issues. In addition to his professional interests, Dr. Duchac is an avid mountain biker and snow skier.

Online Solutions

Accounting is the language of business. To be effective business people, students need to understand accounting and its impacts on a business. CengageNOW elevates learning by partnering with you to guide students through understanding accounting � taking them from motivation through mastery.

We'�ve heard you say that it�s important for students to be motivated and prepared for class, to understand how to apply what they�re learning, and to reach mastery by bridging that application with learning to use key critical thinking and decision-making skills.

View a demo and learn more about how the unique content in CengageNOW elevates learning � from motivation through mastery!