Century 21 Accounting: Multicolumn Journal, 8th Edition

  • includes CD-ROM
  • Claudia Bienias Gilbertson North Hennepin Community College, Retired
  • Mark W. Lehman Mississippi State University, Professor Emeritus
  • Kenton E. Ross Texas A&M University
  • ISBN-10: 0538972750
  • ISBN-13: 9780538972758
  • 816 Pages Hardcover 
  • Previous Editions: 2003, 2000, 1995
  • © 2006 | Published
  • Net Price: $104.25
    Prices are subject to change, please contact your sales rep for a price quote
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About The Solution

Overview

CENTURY 21 MULTICOLUMN JOURNAL (Blue Text) starts with the five-column multicolumn journal, then moves into special journals in cycle two. Based on teacher input, we have completely reorganized this new edition of CENTURY 21, starting with a service business organized as a proprietorship, progressing to a merchandising business organized as a corporation, and concluding with special topics, partnerships, and recording international sales and electronic transactions. Technology is integrated throughout the text, including Automated Accounting, Peachtree, QuickBooks, and Microsoft Excel. Also, the New Student Companion CD-ROM is included with each text. The student CD is exclusively available with CENTURY 21 and includes Competitive Event Prep, Automated Accounting data files, Electronic flash cards of key terms, Web links, PowerPoint presentations, and much, much more! CENTURY 21 ACCOUNTING presents real-world source documents as each new transaction is presented in the text. Source documents provide the objective evidence for journalizing every transaction, and are now included in the working papers for selected end of chapter problems. T accounts are always used to analyze transactions into debit and credit parts to increase student comprehension of journalizing transactions. Illustrations are consistently placed at the top of the page and include step-by-step instructions. Concepts are reinforced through descriptive text to provide complete accounting instruction. Each chapter is divided into three or four lessons with corresponding assessment activities right at the point of use. In addition, several short application problems at the end of each chapter have been added to build student's knowledge before completing the longer mastery and challenge problems.


Additional Product Information

Features/Benefits

  • Chapter Design: Text chapters are divided into short, accessible lessons that cover 1 or 2 concepts. Each lesson is followed by assessment activities. Illustrations are consistently placed directly above the corresponding text, allowing students to quickly find the illustrations they are looking for when reviewing or working problems. Steps and callouts are integrated into the 4-color illustrations, making it easy to understand and then apply the procedure being taught. Clear, concise instructions are directly linked to the specific part of the illustration where the work is recorded. Lesson and chapter features provide context for learning accounting and real-life information about business. End-of-chapter exercises include problems for each lesson, mastery problems that test overall comprehension, and challenge problems for advanced students.
  • Student Support: Student support materials aid understanding and reinforcement of skills; these include working papers, study guides and recycling problems, and envelope simulations (available in manual and automated versions).
  • Teacher Support: Teacher support materials include a Wraparound Teacher's Edition, ExamView, and printed assessment packages, a video, an Instructor's Resource Box with lesson plans and professional materials, and an Instructor's Resource CD.

What's New

  • Accounting in the Real-World: 24 real-world businesses are spotlighted throughout the text -- one per chapter. Students will learn how accounting concepts apply to the real world through questions that link the business to chapter content.
  • Winning Edge: Competitive event preparation for FBLA and BPA is incorporated throughout the text.
  • Careers in Accounting: This feature includes interviews with individuals working in accounting and related fields, spotlighting educational requirements and future trends in the field of accounting.
  • Making Ethical Decisions: In response to corporate ethical violations, Making Ethical Decisions is included in every chapter. Situational ethical dilemmas are presented to assist students with decision-making and critical thinking. Ethical policies of real-world companies are also reviewed.
  • Business Structures: A focus on characteristics of various business structures such as proprietorships, corporations, and partnerships and the details of forming and dissolving such businesses.
  • Analyzing Financial Statements: The various ways of analyzing business performance in all aspects of operations are detailed for the student. The financial statements of real-world businesses are used for end-of-chapter analysis activities. This gives the student the opportunity to apply what they learned to a real-world situation.
  • Internet Research Activities: An Internet Research Activity at the beginning of every chapter requires students to search the Internet to answer questions related to chapter's content. This adds excitement for the student, keeping topics current and encouraging the use of technology.
  • Student Companion CD-ROM: This exciting, new CD-ROM includes competitive event prep, Automated Accounting data files, electronic flashcards of key terms, Web links, PowerPoint Presentations, and much, much more!

Table of Contents

Part 1. Accounting Cycle for a Service Business Organized as a Proprietorship. 1. Starting a Proprietorship: Changes That Affect Owner�s Equity. 2. Analyzing Transactions into Debit and Credit Parts. 3. Journalizing Transactions. 4. Posting to a General Ledger. 5. Cash Control Systems. 6. Work Sheet for a Service Business. 7. Financial Statements for a Proprietorship. 8. Recording Adjusting and Closing Entries for a Service Business. Part 2. Accounting Cycle for a Merchandising Business Organized as a Corporation. 9. Journalizing Purchases and Cash Payments. 10. Journalizing Sales and Cash Receipts. 11. Posting to General and Subsidiary Ledgers. 12. Preparing Payroll Records. 13. Payroll Accounting, Taxes, and Reports. 14. Work Sheet for a Merchandising Business. 15. Financial Statements for a Corporation. 16. Recording Adjusting and Closing Entries for a Corporation. Part 3. Accounting Cycle for a Merchandising Business Organized as a Corporation--Adjustments and Valuation. 17. Accounting for Uncollectible Accounts Receivable. 18. Accounting for Plant Assets and Depreciation. 19. Accounting for Inventory. 20. Accounting for Notes and Interest. 21. Accounting for Accrued Revenue and Expenses. 22. End-of-Fiscal-Period Work for a Corporation. Part 4. Additional Accounting Procedures. 23. Accounting for Partnerships. 24. Recording International Sales and Electronic Transactions. Appendices. A. Cash Flow Statement. B. Annual Reports. C. Accounting Concepts. D. Using a Calculator and Computer Keypad. E. Recycling Problems. F. Answers to Audit Your Understanding. Glossary. Index.

Supplements

Instructor Supplements

Instructor Supplements

All supplements have been updated in coordination with the main title. Select the main title’s "About the Solution" 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's Resource Kit  (ISBN-10: 0538973013 | ISBN-13: 9780538973014)


Assessment Binder  (ISBN-10: 0538972777 | ISBN-13: 9780538972772)

The Century 21 Assessment Binder contains Chapter and Part Test Masters, Teacher's Edition of the Chapter and Part Tests, and ExamView®.


Instructor's Resource CD-ROM with Lesson View  (ISBN-10: 0538972955 | ISBN-13: 9780538972956)


Personal Trainer®  (ISBN-10: 0538442174 | ISBN-13: 9780538442176)

Specifically designed to ease the time-consuming task of grading homework, Personal Trainer® lets students complete their assigned homework from the text or practice on unassigned homework online. The results are instantly entered into a grade book. Enhanced with annotated spreadsheets and complete grade book functionality, Personal Trainer® 3.0 provides an unprecedented real-time, guided, self-correcting learning reinforcement system outside the classroom. Use this resource as an integrated solution for your distance learning and traditional course.


Solutions Transparencies  (ISBN-10: 0538442212 | ISBN-13: 9780538442213)


Ruling Transparencies  (ISBN-10: 0538972939 | ISBN-13: 9780538972932)


Color Transparencies  (ISBN-10: 0538442204 | ISBN-13: 9780538442206)


Automated Simulation Key (Eddie Ortega DJ)  (ISBN-10: 053897303X | ISBN-13: 9780538973038)


Teacher's Edition Working Papers, Chapters 17-24  (ISBN-10: 0538972998 | ISBN-13: 9780538972994)


ExamView®  (ISBN-10: 0538972769 | ISBN-13: 9780538972765)

Create quizzes, study guides, and tests easily and quickly with ExamView®. This computerized testing tool allows you to create paper and online tests and is ideal for building tests, worksheets, and study guides (practice tests). This assessment solution saves time while creating and grading tests and improves student results by focusing on specific learning objectives.


Tests  (ISBN-10: 0538972920 | ISBN-13: 9780538972925)


Automated Simulation Key (Tronics, Inc.)  (ISBN-10: 0538973072 | ISBN-13: 9780538973076)


Automated Simulation Key (Zenith Global Imports)  (ISBN-10: 0538973056 | ISBN-13: 9780538973052)


Manual Simulation Key (Eddie Ortega, DJ)  (ISBN-10: 0538973021 | ISBN-13: 9780538973021)


Manual Simulation Key (Tronics, Inc.)  (ISBN-10: 0538973064 | ISBN-13: 9780538973069)


Manual Simulation Key (Zenith Global Imports)  (ISBN-10: 0538973048 | ISBN-13: 9780538973045)


Teacher's Edition Working Papers for Recycling Problems  (ISBN-10: 0538973005 | ISBN-13: 9780538973007)


Teacher's Edition Working Papers, Chapters 1-16  (ISBN-10: 053897298X | ISBN-13: 9780538972987)


Video  (ISBN-10: 0538972785 | ISBN-13: 9780538972789)


Teacher's Edition Tests  (ISBN-10: 0538441399 | ISBN-13: 9780538441391)


Automated Accounting 8.2 (Site License with User's Guide)  (ISBN-10: 053844228X | ISBN-13: 9780538442282)

Combine the functionality of commercial software with proven educational features. AUTOMATED ACCOUNTING 8.2 is seamlessly integrated with every chapter of CENTURY 21 ACCOUNTING. Students learn how to integrate accounting with other key business applications. An Electronic Auditor built into the program automatically checks every problem. Convenient data files save time and streamline learning. The Site License includes the Windows program, Electronic Auditor, KEEPING FINANCIAL RECORDS FOR BUSINESS text and simulation.


Instructor's Manual  (ISBN-10: 0538442085 | ISBN-13: 9780538442084)


Instructor's Manual  (ISBN-10: 0538442069 | ISBN-13: 9780538442060)


Automated Accounting 8.1 (Individual License) and User's Guide  (ISBN-10: 0538972947 | ISBN-13: 9780538972949)

Combine the functionality of commercial software with proven educational features. AUTOMATED ACCOUNTING 8.2 is seamlessly integrated into every chapter of CENTURY 21 ACCOUNTING. Students learn how to integrate accounting with other key business applications. An Electronic Auditor built into the program automatically checks every problem. Convenient data files save time and streamline learning. The Site License includes the Automated Accounting 8.0 Windows Program and Data Files for CENTURY 21 ACCOUNTING, 7e, 8e, and 9th Edition. The Individual License does not include the Electronic Auditor.


Site License  (ISBN-10: 0538442107 | ISBN-13: 9780538442107)


Teacher's Edition  (ISBN-10: 0538972963 | ISBN-13: 9780538972963)


Instructor's Edition Package for Century 21 Multi-Column Journal  (ISBN-10: 0538442808 | ISBN-13: 9780538442800)


Student Supplements

Student Supplements

All supplements have been updated in coordination with the main title. Select the main title’s "About the Solution" 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.

e-Book 8  (ISBN-10: 0538442166 | ISBN-13: 9780538442169)


Spanish Dictionary  (ISBN-10: 0538973099 | ISBN-13: 9780538973090)

This is an important tool for any accounting student or teacher. All the key terms from the Century 21 Accounting texts (Multicolumn, General Journal, and Advanced) are included in this dictionary, and it is available in English and Spanish.


English Dictionary  (ISBN-10: 0538973080 | ISBN-13: 9780538973083)

This is an important tool for any accounting student or teacher. All the key terms from the Century 21 Accounting texts (Multicolumn, General Journal, and Advanced) are included in this dictionary, and it is available in English and Spanish.


Personal Trainer®  (ISBN-10: 0538442174 | ISBN-13: 9780538442176)

Specifically designed to ease the time-consuming task of grading homework, Personal Trainer® lets students complete their assigned homework from the text or practice on unassigned homework online. The results are instantly entered into a grade book. Enhanced with annotated spreadsheets and complete grade book functionality, Personal Trainer® 3.0 provides an unprecedented real-time, guided, self-correcting learning reinforcement system outside the classroom. Use this resource as an integrated solution for your distance learning and traditional course.


Automated Simulation (Tronics, Inc.)  (ISBN-10: 0538972912 | ISBN-13: 9780538972918)

The goal of the simulations is to provide real world accounting practice for students. The automated simulations require a computer with Automated Accounting software installed. Tronics, Inc. covers a Merchandising Business organized as a corporation, and it may be completed after chapter 22. Completion time is 10 to 15 hours.


Manual Simulation (Zenith Global Imports)  (ISBN-10: 0538972882 | ISBN-13: 9780538972888)

The goal of the simulations is to provide real world accounting practice for students. The manual simulations are offered for teachers that do not have access to computers during class time. Zenith Global Imports covers a Merchandising Business organized as a corporation, and it may be completed after chapter 16. Completion time is 10 to 17 hours.


Manual Simulation (Tronics, Inc.)  (ISBN-10: 0538972904 | ISBN-13: 9780538972901)

The goal of the simulations is to provide real world accounting practice for students. The manual simulations are offered for teachers that do not have access to computers during class time. Tronics, Inc. covers a Merchandising Business organized as a corporation, and it may be completed after chapter 22. Completion time is 10 to 15 hours.


Manual Simulation (Eddie Ortega, DJ)  (ISBN-10: 0538972866 | ISBN-13: 9780538972864)

The goal of the simulations is to provide real world accounting practice for students. The manual simulations are offered for teachers that do not have access to computers during class time. Eddie Ortega, DJ covers a Service Business organized as a proprietorship, and it may be completed after chapter 8. Completion time is 4 to 8 hours.


Automated Simulation (Zenith Global Imports)  (ISBN-10: 0538972890 | ISBN-13: 9780538972895)

The goal of the simulations is to provide real world accounting practice for students. The automated simulations require a computer with Automated Accounting software installed. Zenith Global Imports covers a Merchandising Business organized as a corporation, and it may be completed after chapter 16. Completion time is 10 to 17 hours.


Automated Simulation (Eddie Ortega, DJ  (ISBN-10: 0538972874 | ISBN-13: 9780538972871)

The goal of the simulations is to provide real world accounting practice for students. The automated simulations require a computer with Automated Accounting software installed. Eddie Ortega, DJ covers a Service Business organized as a proprietorship, and it may be completed after chapter 8. Completion time is 4 to 8 hours.


Recycling Problems Working Papers  (ISBN-10: 0538972858 | ISBN-13: 9780538972857)

These problems are to be used in the study of chapters 1-24 of C21 Accounting Multicolumn Journal Approach. Blank forms are provided for each Recycling Problem. Printed on each page is the number of the problem in the textbook for which the form is to be used. Specific instruction numbers are also shown. The Recycling Problems are in the Appendix D of the textbook. You may be required to use every form that is provided.


Working Papers, Chapters 1-16  (ISBN-10: 0538972831 | ISBN-13: 9780538972833)

Century 21’s new approach to Working Papers simplifies the paper trail. Each problem has an individual set of working paper pages that can be completed and turned in for grading. We’ve eliminated the overlap between problems, making it easier for students to complete and teachers to grade. These Working Papers are to be used in the study of chapters 1-16 of C21 Accounting, Multicolumn Journal Approach. Forms are provided for: Work Together exercises, On Your Own exercises, Application Problems, Mastery Problems, Challenge Problems, Reinforcement Activities 1 and 2. Printed on each page is the number of the problem in the textbook for which the form is to be used. Also shown is a specific instruction number for which the form is to be used. You may not have to use every form that is provided. The pages are perforated so that they can be removed.


Working Papers, Chapters 1-24  (ISBN-10: 0538972823 | ISBN-13: 9780538972826)

Century 21’s new approach to Working Papers simplifies the paper trail. Each problem has an individual set of working paper pages that can be completed and turned in for grading. We’ve eliminated the overlap between problems, making it easier for students to complete and teachers to grade.These Working Papers are to be used in the study of chapters 1-24 (bundle of chpt. 1-16 and 17-24) of C21 Accounting, Multicolumn Journal Approach. Forms are provided for: Work Together exercises, On Your Own exercises, Application Problems, Mastery Problems, Challenge Problems, Reinforcement Activities 1 and 2. Printed on each page is the number of the problem in the textbook for which the form is to be used. Also shown is a specific instruction number for which the form is to be used. You may not have to use every form that is provided. The pages are perforated so that they can be removed.


Working Papers, Chapters 17-24  (ISBN-10: 053897284X | ISBN-13: 9780538972840)

Century 21’s new approach to Working Papers simplifies the paper trail. Each problem has an individual set of working paper pages that can be completed and turned in for grading. We’ve eliminated the overlap between problems, making it easier for students to complete and teachers to grade. These Working Papers are to be used in the study of chapters 17-24 of C21 Accounting, Multicolumn Journal Approach. Forms are provided for: Work Together exercises, On Your Own exercises, Application Problems, Mastery Problems, Challenge Problems, Reinforcement Activities 1 and 2. Printed on each page is the number of the problem in the textbook for which the form is to be used. Also shown is a specific instruction number for which the form is to be used. You may not have to use every form that is provided. The pages are perforated so that they can be removed.


Video  (ISBN-10: 0538972785 | ISBN-13: 9780538972789)


Plus Pack CD-ROM for Century 21 Accounting, 8th  (ISBN-10: 0538442298 | ISBN-13: 9780538442299)

If you are currently using 6th or 7th editions of Century 21 Accounting with Automated Accounting 8.0, this site license allows you to update your data files, simulation data files, and Electronic Auditors for use with Century 21 Accounting Eighth Edition texts.


Automated Accounting 8.1 (Individual License) and User's Guide  (ISBN-10: 0538972947 | ISBN-13: 9780538972949)

The Individual Version of Automated Accounting 8.0 Software and the template files for Century 21 Accounting Eighth Edition all on CD. Use with Windows 95 or higher, IBM 386 or higher, 4MB RAM Recommended, with 2MB hard drive free and double speed CD.


Site License  (ISBN-10: 0538442107 | ISBN-13: 9780538442107)

South-Western Accounting with Peachtree® Complete 2005 identifies problems from chapters in the Century 21 Accounting texts, and shows students, step-by-step, how to work through the problems. This site license contains all the necessary data files to work the problems from the text, as well as the Peachtree® Complete 2005 Educational Version. Students gain real-world experience solving problems using Peachtree® Software. The text is available to accompany this site license.


Meet the Author

About the Author

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.

Kenton E. Ross

Kenton E. Ross is Professor Emeritus, Department of Accounting, at Texas A&M University--Commerce. He formerly served as Dean of the College of Business and Technology; Director of Business and Economic Research; and Head, Department of Accounting.