Solution manual for Fundamentals Of Financial Accounting 7th Edition By Fred Phillips [Canadian Edition] © 2024

Description

Phillips, Fundamentals of Financial Accounting 7th Canadian edition offers an engaging, balanced, and appropriately paced introduction to financial accounting. Written by award winning authors Fred Phillips and Brandy Mackintosh, this student-centered resource contains a selection of real-world focus companies that reinforce the relevance of accounting to students, a wealth of End-of-Chapter exercise, problem and case materials, and pedagogical learning elements that make it the best personal coach on the market.

The seventh Canadian edition has been updated to include new examples and references, added material on data analytics, and new and revised end-of-chapter material.

CHAPTER 1 Business Decisions and Financial Accounting
CHAPTER 2 The Balance Sheet
CHAPTER 3 The Income Statement
CHAPTER 4 Adjustments, Financial Statements, and Financial Results
CHAPTER 5 Fraud, Internal Control, and Cash
CHAPTER 6 Merchandising Operations and the Multi-step Income Statement
CHAPTER 7 Inventory and Cost of Goods Sold
CHAPTER 8 Receivables, Bad Debt Expense, and Interest Revenue
CHAPTER 9 Long-Lived Tangible Assets, Intangible Assets, and Goodwill
CHAPTER 10 Liabilities
CHAPTER 11 Shareholders’ Equity
CHAPTER 12 Statement of Cash Flows
CHAPTER 13 Measuring and Evaluating Financial Performance
Appendix A Excerpts from the Fiscal 2021 Annual Report of The Home Depot
Appendix B Excerpts from the Fiscal 2021 Annual Report of Lowe’s Companies, Inc.
Appendix C Present and Future Value Concepts
Appendix D Investments in Other Corporations