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Principles of Accounting ELEVENTH EDITION

This revision of Principles of Accounting is based on an understanding of the nature, culture, and motivations of today’s undergraduate students and on extensive feedback from many instructors who use our book. These substantial changes meet the needs of these students, who not only face a business world increasingly complicated by ethical issues, globalization, and technology but who also have more demands on their time. | NEEDLES POWERS CROSSON He Principles of Accounting Principles of Accounting ELEVENTH EDITION Belverd E. Needles Jr. Ph.D. C.P.A. C.M.A. DePaul University Marian Powers Ph.D. Northwestern University Susan V. Crosson M.S. Accounting C.P.A Santa Fe College _ _ _ com cENGAGE brain Canada Mexico Singapore Spain United Kingdom United States Copyright 2010 Cengage Learning. All Rights Reserved. May not be copied scanned or duplicated in whole or in part. .com cENGAGE brain Principles of Accounting Eleventh Edition Belverd Needles Marian Powers Susan Crosson Vice President of Editorial Business Jack W. Calhoun Editor in Chief Rob Dewey Executive Editor Sharon Oblinger Supervising Developmental Editor Katie Yanos Sr. Marketing Manager Kristen Hurd Marketing Coordinator Heather Mooney Sr. Marketing Communications Manager Libby Shipp Content Project Manager Darrell Frye Media Editor Bryan England Editorial Assistant Julie Warwick Frontlist Buyer Manufacturing Doug Wilke Production Service S4Carlisle Publishing Services Sr. Art Director Stacy Jenkins Shirley Cover and Internal Designer Grannan Graphic Design Cover Image Getty Images Image Bank Permissions Account Manager John Hill 2011 2008 South-Western Cengage Learning ALL RIGHTS RESERVED. No part of this work covered by the copyright herein may be reproduced transmitted stored or used in any form or by any means graphic electronic or mechanical including but not limited to photocopying recording scanning digitizing taping web distribution information networks or information storage and retrieval systems except as permitted under Section 107 or 108 of the 1976 United States Copyright Act without the prior written permission of the publisher. For product information and technology assistance contact us at Cengage Learning Customer Sales Support 1-800-354-9706 For permission to use material from this text or product submit all requests online at www.cengage.com permissions Further permissions questions can be emailed to .