Principles of Accounting meets scope and sequence requirements of a two-semester accounting course that covers financial and managerial accounting.

This free textbook is an OpenStax resource written to increase student access to high-quality, peer-reviewed learning materials.

This free textbook is an OpenStax resource written to increase student access to high-quality, peer-reviewed learning materials.

OpenStax is a nonprofit based at Rice University, and it’s our mission to improve student access to education. Our first openly licensed college textboo...

Jennifer has been in the social work profession for over 25 years. After graduating college, she started working at an agency that provided services to ...

This free textbook is an OpenStax resource written to increase student access to high-quality, peer-reviewed learning materials.

The accounting equation is Assets = Liabilities + Owner’s Equity. It is important to the study of accounting because it shows what the organization owns and the sources of (or claims against) …

This free textbook is an OpenStax resource written to increase student access to high-quality, peer-reviewed learning materials.

6. LO 1.3 Which of the following is not true? Organizations share a common purpose or mission. Organizations have inflows and outflows of resources. Organizations add value to society. …

The resources listed provide further information on several topics: financial statements from real-world companies, accounting software and tools, personal finance, accounting organizations, and exams …