Principles of Accounting continues to lead the market with balanced, flexible content supported by an array of integrated print and technology supplements. Designed for both majors and non-majors, the new edition focuses on the relevance of accounting in business with an emphasis on decision-making and analysis. Whether an instructor wants to present a user or procedural orientation, incorporate new instructional strategies, develop students' core competencies, or integrate the latest technology into the classroom, the 2005e Edition provides a total solution. ÍNDICE I. Accounting as an Information System 1. Uses of Accounting Information and the Financial Statements 2. Measuring Business Transactions 3. Measuring Business Income 4. Completing the Accounting Cycle II. Extensions of the Basic Accounting Model 5. Merchandising Operations 6. Financial Reporting and Analysis Supplement: How to Read an Annual Report: Toys "R" Us III. Accounting Information Systems and Internal Control 7. Accounting Information Systems 8. Internal Control IV. Measuring and Reporting Assets and Current Liabilities 9. Short-Term Financial Assets 10. Inventories 11. Long-Term Assets 12. Current Liabilities V. Accounting for Partnerships and Corporations 13. Partnerships 14. Contributed Capital 15. The Corporate Income Statements and the Statement of Stockholders' Equity 16. Long-Term Liabilities VI. Special Reports and Analyses of Accounting Information 17. The Statement of Cash Flows 18. Financial Performance Evaluation VII. Fundamentals of Management Accounting 19. A Manager's Perspective: The Changing Business Environment 20. Cost Concepts and Cost Allocation VIII. Information Systems for Management Accounting 21. Cost Systems: Job Order and Process Costing 22. Activity-Based Systems: Activity-Based Management and Just-in-Time IX. Information Analysis for Planning 23. Cost Behavior Analysis 24. The Budgeting Process X. Performance Measurement and Evaluation 25. Performance Measurement Usin