College Accounting: A Career Approach

  • includes Quickbooks Accounting 2013 CD-ROM
  • AUTHOR: Cathy J. Scott
  • ISBN-13: 9781285735771 
  • Grade(s): 9 | 10 | 11 | 12
  • 736 Pages  Hardcover 
  • 12th Edition
  • ©2015     Published
  • Prices are valid only in the respective region


About The Product

The twelfth edition of COLLEGE ACCOUNTING: A CAREER APPROACH maintains its dedicated emphasis on the significance of the College Accounting course as true groundwork for students' future classes and jobs, with a greater focus on teaching the fundamentals of accounting from a career development approach. This text provides students an opportunity to learn the fundamentals of accounting and then apply these concepts with QuickBooks and Excel®. COLLEGE ACCOUNTING: A CAREER APPROACH, Twelfth Edition, provides real-world context that keeps chapter content relevant and vital. You can now assign, grade, and assess your students' progress quickly and easily with CengageNow™ for COLLEGE ACCOUNTING: A CAREER APPROACH, Twelfth Edition. End-of-chapter materials are available online, and your students can test their mastery of new concepts via a personalized study plan.


  • The "Accounting Cycle Review" and "Comprehensive Review Problems" are available in multiple formats, including manual, using QuickBooks, Excel®, or Cengage Learning's Online General Ledger.
  • "In the Real World" provides real-world factoids about companies that students are familiar with, based on what the student is learning in the chapter.
  • Extended chapter openers begin with an e-mail from Janie to her friend Amy, who is a CPA. Janie would like to start her own whitewater rafting business and is seeking help from her friend to guide her on accounting for her business. Each chapter contains a new e-mail with information on what the student will learn in each chapter.
  • "Quiz Yourself" provides a set of 10 new multiple choice questions to be used as a self-quiz for students before they begin the chapter assignments.
  • Simplified Approach: Where appropriate, concepts are broken down into step-by-step instructions for the student, giving them a guide to follow when learning how to master certain accounting skills. Info graphics are provided to help students visualize specific concepts.
  • Accounting in Your Future: This feature introduces students to various careers, some traditional and some unique, that require knowledge of accounting skills and concepts.
  • You Make the Call: This feature sharpens critical-thinking and problem-solving skills by placing the student in small business career position facing a realistic accounting dilemma. These exercises provide students with the opportunity to apply their knowledge of individual topics within the chapter. Each scenario is followed by a detailed, clearly explained solution.
  • Small Business Success: Appearing in select chapters throughout the text, this motivating feature emphasizes how accounting knowledge and best practices are critical to the success of a small business in a competitive environment.
  • Practice exercises with solutions are included for applicable learning objectives in the Chapter Review, providing students with a review and study tool as well as a model for solving end-of-chapter exercises.
  • Learning Objectives: Appearing at the beginning of each chapter, learning objectives help students focus on key learning outcomes. The objectives are then highlighted in the margin alongside the related text discussion. A learning objective number serves as a reference to the objectives in the chapter review, exercises, and problems.
  • Accounting Language: A list of key accounting terms and concepts to be introduced and discussed in the chapter appears at the beginning of each chapter. The key terms appear in deep-purple font color throughout the chapter and are defined in the text and repeated in a glossary at the end of the chapter.
  • Marginal Notes: Remember margin notes provide learning hints or summaries, often alerting students to common procedural pitfalls to help them complete their work successfully. FYI provides practical tips or information about accounting and business.
  • End-of-Chapter Activities: A series of brief activities at the end of each chapter help students keep the business perspective in mind. Why Does It Matter? What Would You Say? What Do You Think? What Would You Do? What's On The Internet? and What's Wrong With This Picture? foster problem-solving and communication skills that students will need in today's business world. With each activity, students have an opportunity to develop their problem-solving skills and employ their knowledge of accounting to complete a task. The activities may be appropriate for individual or team responses--Discussion of these activities in class, particularly questions involving ethical issues, can be especially useful.
  • Before a Test Check: This comprehensive chapter review feature provides questions (true/false, multiple choice, matching, and completion) and brief application problems after every two to four chapters. The pre-test activities allow students to check their understanding of what they have read and practiced in the preceding chapters prior to taking a test.
  • "Accounting Cycle Review" and "Comprehensive Review Problem": These problems give students the opportunity to apply accounting procedures to help them understand the process they have just studied in a series of chapters (1-5 and 6-12). Accounting Cycle Review Problems A and B involve the full accounting cycle for two sole proprietorship service businesses. The "Comprehensive Review Problem" following Chapter 12 involves the full accounting cycle for a sole proprietorship merchandising business.
  • All About You Spa: Designed to give students experience using computers to manage accounting transactions, this continuous general ledger problem features a sole proprietorship service business. In Chapter 3, students open accounting books for the spa using the manual method, QuickBooks, or Cengage Learning's Online General Ledger. After adding the company name, type, and chart of accounts, the first month's transactions are journalized and posted and the trial balance is printed. The problem continues with adjustment of entries into worksheets, completion of end-of-the-month adjustments, and printing financial statements. After Chapter 5, students close the books for the month and print a post-closing trial balance. In Chapters 9-12, students add two lines of merchandise to the business. Special journals for sales, purchases, cash receipts, and cash payments are introduced, and procedures are completed to end the accounting period.
  • Excel® templates are provided for selected long or complicated end-of-chapter exercises and problems and provide assistance as students set up and work the problem. Certain cells are coded to display a red asterisk when an incorrect answer is entered, which helps students stay on track. Selected problems that can be solved using these templates are designated by an icon. Excel® templates are available for free on the companion website.

About the Contributor

  • Cathy J. Scott

    Cathy J. Scott is Professor of Accounting and Accounting Department Chair at Navarro College. She has received the 2014 Texas Society of CPAs Outstanding Accounting Educator Award, the 2012-2013 American Accounting Association Educator of the Year, and the Two-Year College and the 2010 Navarro College's Teaching of Excellence Award. Dr. Scott earned her bachelor's degree from Nazareth College, MBA from Amberton University, a post-graduate accounting degree from Keller Graduate School of Management, and her PhD from Capella University. Prior to joining academics, Dr. Scott had a 25-year accounting career in the automotive industry. She remains a popular speaker in accounting and financial management for vehicle manufacturers and dealer associations. She has written numerous accounting-related articles for automotive publications. Dr. Scott is a member of the Institute of Management Accountants, Teachers of Accounting at Two-Year Colleges (TACTYC), the American Accounting Association (AAA), National Business Educators Association (NBEA) and Texas Community College Association (TCCTA). She has held regional and national positions with the American Accounting Association, including Secretary of the Two-Year College section and co-coordinator of the Teaching, Learning and Curriculum Southwest Region. She is a board member for TACTYC and has held various roles with TCCTA, including past chair for the accounting section. Dr. Scott is a frequently requested speaker and is passionate about effective online learning and innovative teaching technology. She is co-founder of Teaching and Learning Toolbox (, a free website that helps educators connect technology and pedagogy. In her free time, Dr. Scott enjoys spending time with her family on her farm in North Texas, where she raises and shows Arabian horses.

Table of Contents

1. Asset, Liability, Owner's Equity, Revenue, and Expense Accounts.
2. T Accounts, Debits and Credits, Trial Balance, and Financial Statements.
3. The General Journal and the General Ledger.
4. Adjusting Entries and the Work Sheet
5. Closing Entries and the Post-Closing Trial Balance.
Capstone Appendix. Financial Statement Analysis and Cash Flows using QuickBooks.
6. Bank Accounts, Cash Funds, and Internal Controls.
7. Employee Earnings and Deductions.
8. Employer Taxes, Payments, and Reports.
9. Sales and Purchases.
10. Cash Receipts and Cash Payments.
11. Work Sheet and Adjusting Entries.
12. Financial Statements, Closing Entries, and Reversing Entries.
Capstone. QuickBooks Analysis Activities: Comparative Financial Statements and the Statement of Cash Flows.
Appendix A: Methods of Depreciation.
Appendix B: Bad Debts.
Appendix C: Inventory Methods.
Appendix D: Notes Receivable/Notes Payable.
Appendix E: Departmental Accounting (online only).

New to this Edition

  • NEW: ACCOUNTING WITH QUICKBOOKS is an entirely new section at the end of each chapter that explains how to apply the fundamentals of accounting processes directly with QuickBooks accounting software. Complete with clear screen captures, learning objectives, new accounting language, and "QuickBooks Tips," this feature is a must for instructors that value real-world technology and want their students to understand how to utilize a real-world application and how to apply it to day-to-day workplace accounting.
  • NEW: TRY IT WITH QUICKBOOKS feature appears at the end of the Chapter Review section within each chapter and provides various accounting activities as well as suggests end-of-chapter problems that students can use to enhance their QuickBooks skills.
  • NEW: REVIEW IT WITH QUICKBOOKS is a quick self-study check focusing only on the QuickBooks information presented within the chapter.
  • NEW: QUICKBOOKS TIPS are helpful margin notes spread throughout chapters where students can apply accounting knowledge within QuickBooks software.
  • NEW: BLUEPRINT PROBLEMS, available in CengageNOW™, relate to the Accounting Cycle Practice Exercises for a Service and Merchandising Business. The "Blueprint Problems" are designed to help students see the big picture regarding fundamental accounting concepts by breaking concepts into smaller parts that build on each other through a systematic problem-solving process.
  • NEW: QuickBooks DEMONSTRATION VIDEOS, available in CengageNOW™, provide students with step-by-step examples of how to use QuickBooks features covered in the new "Accounting with QuickBooks" section.
  • NEW: ANIMATED EXERCISES, available in CengageNOW™ and narrated by the author, provide students with an illustrated example of how to work basic exercises for each learning objective.
  • NEW: ANIMATED DEMONSTRATION VIDEOS, available in CengageNOW™, are animated walk-through videos of the popular demonstration problem from the Study Guide. Essential for visual learners, the new animated demo problems visually explain how to work through a popular chapter problem from start to finish.
  • NEW: Departmental Accounting (Appendix E) has been moved to an online-only location. Instructors can access this through
  • NEW: The previous Appendix D, The Statement of Cash Flows, is now included with the Extended Topics section after Chapter 12. The new Appendix D covers Notes Receivable/Notes Payable.
  • NEW: A new Capstone featuring Financial Statement Analysis Using QuickBooks is now featured after the "Extended Topics" section.
  • NEW: ONLINE TESTING SYSTEM: COGNERO. Cognero is a full-featured online-assessment system that lets instructors manage content, create and assign tests, deliver tests through a secure online test center, and have complete reporting functionality at the click of a button.

Alternate Formats

Choose the Format that Best Fits Your Student's Budget and Course Goals

  • Book Only
    ISBN-10: 130508408X  | ISBN-13: 9781305084087
    Price = $135.00
  • Looseleaf Edition
    ISBN-10:  1305654528  | ISBN-13:  9781305654525
    Price = $81.00
  • Looseleaf Package Edition
    ISBN-10:  1305661338 | ISBN-13:  9781305661332
    Price = $123.00