Prior Editions

Thanks to the following reviewers and focus group participants of prior editions of Financial Accounting:

Dawn Addington, Central New Mexico Community College; Gilda Agacer, Monmouth University; Solochidi Ahiarah, Buffalo State College; C. Richard Aldridge, Western Kentucky University; Sylvia Allen, Los Angeles Valley College; Sheila Ammons, Austin Community College; Juanita Ardavany, Los Angeles Valley College; Thomas G. Amyot, College of Santa Rose; Brian Baick, Montgomery College; Cheryl Bartlett, Central New Mexico Community College; Timothy Baker, California State University—Fresno; and Benjamin Bean, Utah Valley State College.

Victoria Beard, University of North Dakota; Angela H. Bell, Jacksonville State University; Charles Bokemeier, Michigan State University; John A. Booker, Tennessee Technological University; Robert L. Braun, Southeastern Louisiana University; Daniel Brickner, Eastern Michigan University; Evangelie Brodie, North Carolina State University; Sarah Ruth Brown, University of North Alabama; Charles Bunn, Wake Technical Community College; Thane Butt, Champlain College; James Byrne, Oregon State University; and Sandra Byrd, Missouri State University.

Judy Cadle, Tarleton State University; Julia Camp, University of Massachusetts—Boston; David Carr, Austin Community College; Jack Cathey, University of North Carolina—Charlotte; Andy Chen, Northeast Illinois University; Jim Christianson, Austin Community College; Siu Chung, Los Angeles Valley College; Laura Claus, Louisiana State University; Leslie A. Cohen, University of Arizona; Teresa L. Conover, University of North Texas; Rita Kingery Cook, University of Delaware; Samantha Cox, Wake Technical Community College; Janet Courts, San Bernardino Valley College; Cheryl Crespi, Central Connecticut State University; Sue Counte, St. Louis Community College—Meramec; Dori Danko, Grand Valley State University; Brent W. Darwin, Allan Hancock College; Helen Davis, Johnson and Wales University; Michael Deschamps, Mira Costa College; Cheryl Dickerson, Western Washington University; Gadis Dillon, Oakland University; George M. Dow, Valencia Community College—West; Kathy J. Dow, Salem State College; and Lola Dudley, Eastern Illinois University.

Mary Emery, St. Olaf College; Martin L. Epstein, Central New Mexico Community College; Larry R. Falcetto, Emporia State University; Alan Falcon, Loyola Marymount University; Scott Fargason, Louisiana State University; Janet Farler, Pima Community College; Lance Fisher, Oklahoma State University; Sheila D. Foster, The Citadel; Jessica J. Frazier, Eastern Kentucky University; Roger Gee, San Diego Mesa College; Lisa Gillespie, Loyola University—Chicago; Norman H. Godwin, Auburn University; David Gotlob, Indiana University—Purdue University—Fort Wayne; Lisa Gray, Seminole State College and Valencia Community College; Emmett Griner, Georgia State University; Leon J. Hanouille, Syracuse University; Hassan Hefzi, California State PolyTech University—Pomona; Kenneth M. Hiltebeitel, Villanova University; Harry Hooper, Santa Fe Community College; Judith A. Hora, University of San Diego; Carol Olson Houston, San Diego State University; Ryan Huldah, Iona College; and Sam Isley, Wake Technical Community College.

Norma Jacobs, Austin Community College; Marianne L. James, California State University—Los Angeles; Stanley Jenne, University of Montana; Christopher Jones, George Washington University; Jane Kaplan, Drexel University; John E. Karayan, California State University—Pomona; Susan Kattelus, Eastern Michigan University; Ann Kelly, Providence College; Dawn Kelly, Texas Tech University; Cindi Khanlarian, University of North Carolina—Greensboro; Robert Kiddoo, California State University—Northridge; Robert J. Kirsch, Southern Connecticut State University; Frank Korman, Mountain View College; and Jerry G. Kreuze, Western Michigan University.

John Lacey, California State University—Long Beach; Doug Laufer, Metropolitan State College of Denver; Doulas Larson, Salem State College; Keith Leeseberg, Manatee Community College; Glenda Levendowski, Arizona State University; Seth Levine, DeVry University; Lihon Liang, Syracuse University; James Lukawitz, University of Memphis; Noel McKeon, Florida Community College; P. Merle Maddocks, University of Alabama—Huntsville; Janice Mardon, Green River Community College; Sal Marino, Westchester Community College; John Marts, University of North Carolina—Wilmington; Alan Mayer-Sommer, Georgetown University; Noel McKeon, Florida Community College at Jacksonville; Sara Melendy, Gonzaga University; Barbara Merino, University of North Texas; Paul Mihalek, Central Connecticut State University; Jeanne Miller, Cypress College; Robert Miller, California State University—Fullerton; Elizabeth Minbiole, Northwood University; Sherry Mirbod, Montgomery College; Andrew Morgret, University of Memphis; Michelle Moshier, SUNY Albany; Marguerite Muise, Santa Ana College; William J. Nealon, Schenectady County Community College; James Neurath, Central Michigan University; Gale E. Newell, Western Michigan University; Jim Neurath, Central Michigan University; Garth Novack, Utah State University; and Rosemary Nurre, San Mateo Community College.

Suzanne Ogilby, Sacramento State University; Sarah N. Palmer, University of North Carolina—Charlotte; Patricia Parker, Columbus State Community College; Terry Patton, Midwestern State University; Charles Pier, Appalachian State University; Ronald Pierno, Florida State University; Meg Pollard, American River College; Franklin J. Plewa, Idaho State University; John Purisky, Salem State College; Donald J. Raux, Siena College; Ray Reisig, Pace University, Pleasantville; Judith Resnick, Borough of Manhattan Community College; Mary Ann Reynolds, Western Washington University; Carla Rich, Pensacola Junior College; Rod Ridenour, Montana State University—Bozeman; Ray Rigoli, Ramapo College of New Jersey; Larry Rittenberg, University of Wisconsin; Jeff Ritter, St. Norbert College; Cecile M. Roberti, Community College of Rhode Island; Brandi Roberts, Southeastern Louisiana University; Patricia A. Robinson, Johnson and Wales University; Nancy Rochman, University of Arizona; Lawrence Roman, Cuyahoga Community College; Marc A. Rubin, Miami University; John A. Rude, Bloomsburg University; and Robert Russ, Northern Kentucky University.

Alfredo Salas, El Paso Community College; Christine Schalow, California State University—San Bernardino; Michael Schoderbek, Rutgers University; Richard Schroeder, University of North Carolina—Charlotte; Bill N. Schwartz, Stevens Institute of Technology; Jerry Searfoss, University of Utah; Cindy Seipel, New Mexico State University; Anne E. Selk, University of Wisconsin—Green Bay; William Seltz, University of Massachusetts; Suzanne Sevalstad, University of Nevada; Mary Alice Seville, Oregon State University; Donald Smillie, Southwest Missouri State University; Aileen Smith, Stephen F. Austin State University; Gerald Smith, University of Northern Iowa; Talitha Smith, Auburn University; Pam Smith, Northern Illinois University; William E. Smith, Xavier University; Will Snyder, San Diego State University; Chris Solomon, Trident Technical College; Teresa A. Speck, St. Mary's University of Minnesota; Charles Stanley, Baylor University; Vic Stanton, University of California, Berkeley; Ron Stone, California State University—Northridge; Gary Stout, California State University—Northridge; Gracelyn Stuart, Palm Beach Community College; and Ellen L. Sweatt, Georgia Perimeter College.

William Talbot, Montgomery College; Diane Tanner, University of North Florida; Pamadda Tantral, Fairleigh Dickinson University; Steve Teeter, Utah Valley State College; Michael Tydlaska, Mountain View College; Joan Van Hise, Fairfield University; Richard Van Ness, Schenectady County Community College; Barbara Warschawski, Schenectady County Community College; Andrea B. Weickgenannt, Northern Kentucky University; David P. Weiner, University of San Francisco; Frederick Weis, Claremont McKenna College; T. Sterling Wetzel, Oklahoma State University; Wendy Wilson, Southern Methodist University; Allan Young, DeVry University; Michael F. van Breda, Texas Christian University; Linda G. Wade, Tarleton State University; Stuart K. Webster, University of Wyoming; V. Joyce Yearley, New Mexico State University; and Joan Van Hise, Fairfield University.

Seventh Edition

Thanks to the following reviewers, focus group participants, and others who provided suggestions for the Seventh Edition:

Advisory Board Participants

Ancillary Authors, Contributors, Proofers, and Accuracy Checkers

We sincerely thank the following individuals for their hard work in preparing the content that accompanies this textbook:

We appreciate the exemplary support and commitment given to us by associate publisher Chris DeJohn, marketing manager Karolina Zarychta Honsa, operations manager Yana Mermel, content editor Ed Brislin, development editors Terry Ann Tatro and Margaret Thompson, lead product designer Allie Morris, product designer Greg Chaput, vice president of content management Sesha Bolisetty, senior content editor Dorothy Sinclair, senior production editor Erin Bascom, designers Maureen Eide and Kristine Carney, illustration editor Anna Melhorn, photo editor Mary Ann Price, project editor Jeanine Furino of Furino Production, Denise Showers at Aptara, Cyndy Taylor, project manager Matt Gauthier at Integra, and Katie Trotta at ANSR. All of these professionals provided innumerable services that helped the textbook take shape.

Finally, our thanks to Amy Scholz, Susan Elbe, George Hoffman, Tim Stookesberry, Joe Heider, and Steve Smith for their support and leadership in Wiley's College Division. We will appreciate suggestions and comments from users—instructors and students alike. You can send your thoughts and ideas about the textbook to us via email at [email protected].

Paul D. Kimmel
Milwaukee, Wisconsin

Jerry J. Weygandt
Madison, Wisconsin

Donald E. Kieso
DeKalb, Illinois