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Accounting I, 4/e, as the previous editions, is intended to cover the first semester of an introductory accounting course for two- and four-year colleges and business schools. This edition is expanded and updated. New chapters on the merchandising company, alternative inventory evaluation methods, the payroll system, payroll accounting, and property is added.
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A guide to learning the basic theories and principles of accounting that includes sample tests, practice problems, information about the theories used in Accounting I, and other study tools designed to help students learn.