Wiley CPA Examination Review Focus Notes Financial Accounting and Reporting.pdf

ountingandReportingFOURTHEDITIONLessAntman•concepts•problem-solving•terms•rulesandcriteriaCopyright©2006,byJohnWiley&Sons,&Sons,Inc.,Hoboken,,storedinaretrievalsystemortransmittedinanyformorbyanymeans,electronic,mechanical,photocopying,recording,scanningorotherwise,exceptaspermittedunderSection107or108ofthe1976UnitedStatesCopyrightAct,withouteitherthepriorwrittenpermissionofthePublisher,orauthorizationthroughpaymentoftheappropriateper-copyfeetotheCopyrightClearanceCenter,Inc.,222RosewoodDrive,Danvers,MA01923,978-750-8400,fax978-750-4470,orontheWebatueststothePublisherforpermissionshouldbeaddressedtothePermissionsDepartment,JohnWiley&Sons,Inc.,111RiverStreet,Hoboken,NJ07030,201-748-6011,fax201-748-6008,oronlineat/go/:Whilethepublisherandauthorhaveusedtheirbesteffortsinpreparingthisbook,,includingbutnotlimitedtospecial,incidental,consequential,:978-0471-78440-1ISBN0-471-78440-0PrintedintheUnitedStatesofAmerica**********ContentsBasicTheory&FinancialReporting.............................................1Inventory.....................................................................................26FixedAssets...............................................................................aryCurrentAssets&CurrentLiabilities............................72PresentValue.............................................................................95DeferredTaxes.........................................................................127Stockholders’Equity.........