Includes index.

Chapter 1. The Language of Business -- Chapter 2. An Accounting Cycle Using Increase and Decreases -- Chapter 3. An Accounting Cycle Using Debits and Credits -- Chapter 4. Summarizing the Accounting Cycle Activities -- Chapter 5. Organization and Input of Accounting data -- Chapter 6. Processing Accounting Data -- Chapter 7. Output of Accounting data -- Chapter 8. Banking Activities -- Chapter 9. Payroll Activities.

The new edition builds upon the successful aspects of the previous edition of the Accounting 10/12 Program and continues breaking through the deceptive approaches so commonly used. For example, the equation/cycle approach and the systems approach to teaching accounting help students and teachers break through into the true world of accounting where microcomputers and minicomputers play vital roles in processing data. In addition, the emphasis placed on interpreting financial information helps students and teachers break through to understanding the connection between procedures presented in the program and those actually used in accounting today and in the future.