Principles of financial accounting /
Milagrod B. Hernane
- 2000 Edition
- Quezon City, Philippines : Amar Graphic Center, c2000
- vi, 414 pages ; 28 cm.
CHAPTER 1. Introduction to accounting -- 2. Analyzing business transaction -- 3. Recording transactions of a service enterprise -- 4. Adjusting accounts -- 5. Completion of the accounting cycle -- 6. Accounting for a merchandising business -- 7. Special journals -- 8. Controlling cash -- 9. Receivables and payables -- 10. Inventories -- 11. Plant assets - depreciation.
Statement of Financial Accounting Standards (SFAS) No. 1 defines accounting as a service activity.