TAILIEUCHUNG - Financial accounting (Third edition): Part 2

(BQ) Continued part 1, part 2 of Financial accounting (Third edition) has contents: Liabilities, financial statement analysis, statement of cash flows, investments, corporations - organization, share transactions, dividends, and retained earnings,. and other contents. Invite you to refer. | CHAPTER 10 Liabilities FEATURE STORY Financing His Dreams What would you do if you had a great idea for a new product but couldn t come up with the cash to get the business off the ground Small businesses often cannot attract investors. Nor can they obtain traditional debt financing through bank loans or bond issuances. Instead they often resort to unusual and costly forms of non-traditional financing. Such was the case for Wilbert Murdock. Murdock grew up in a low-income housing project but always had high goals. His entrepreneurial spirit led him into some business ventures that failed such as a device to keep people from falling asleep while driving. Another idea was computerized golf clubs that analyze a golfer s swing and provide immediate feedback. Murdock saw great potential in the idea. Many golfers are willing to shell out considerable sums of money for devices that might improve their game. But Murdock had no cash to develop his product and banks and other lenders had shied away. Rather than give up Murdock resorted to credit cards in a big way. He quickly owed 25 000 to credit card companies. While funding a business with credit cards might sound unusual it isn t. A recent study by the London-based The Navigator Scan Learning Objectives Read Feature Story Review and Practice pp. 510-515 Reviews of Learning Objectives and Glossary Answer Practice Multiple-Choice Questions Exercises and Problem Complete Assignments Watch WileyPLUS Chapter Reviews Read A Look at . GAAP Institute of Directors found that more than half of companies seeking bank financing had been turned down. About 20 of the 1 000 companies studied relied at least in part on credit card financing. Murdock s credit card debt forced him to sacrifice nearly everything in order to keep his business afloat. His car stopped running he barely had enough money to buy food and he lived and worked out of a dimly lit apartment in his mother s basement. Through it all he tried to

• Kế toán - Kiểm toán
• Financial accounting
• Retained earnings
• Share transactions
• Financial statement analysis
• Specimen financial statements
• Issues in financial accounting
• Kế toán tài chính
• Financial statements
• Accounting standards
• Financial reporting
• Financial Accounting Standards Board
• Fundamental financial accounting
• Lecture Fundamental financial accounting concepts
• Financial statement
• Accounting cycle
• Accounting for accruals
• Lecture Financial accounting
• Accounting system
• Accounting activities
• Financial accounting practice
• Accounting information system
• Accounting terminology
• Reporting financial results
• Evaluating liquidity
• Business firms
• The financial reporting reform
• Accounting information
• Management accounting
• Accounting equation
• Accounting systems
• Decision making
• External financial reporting
• Accounting for business
• Lecture Accounting for business
• Financial accounting reports
• Statement of financial performance
• Accrual accounting systems
• Statement of financial position
• Mastering financial accounting essentials
• Financial accounting essentials
• Accrual accounting
• Income statement
• Accounting conventions
• Internal control
• Accounting for cash
• Accounting for receivables
• Computing uncollectible accounts expense
• Long term debt
• Accounting for long term debt
• Paper F3
• Revision kit 2016
• Accounting Financial
• Accounting Financial Review
• Financial Review accounting exam
• Study text 2016
• Language of business
• Double entry accounting system
• Credit terminology
• Merchandising businesses
• Accounting for merchandising businesses
• Accounting for inventories
• Cash discounts
• The accounting cycle
• International financial reporting standards
• Completing the accounting cycle
• Accounting worksheet
• Classified balance sheet