Unit One The Purpose and Nature ofAccounting Unit Two The Generally Accepted Accounting Principles Unit Three The Accounting Equation Unit Four Establishing Ledger Accounts Unit Five Recording Transactions in Ledger Accounts Unit Six The Use of journal Unit Seven The Rules of Debit and Credit for Revenue and Expenses Unit Eight Closing the Accounts Unit Nine Adjusting Trial Balance and Preparing Financial Statement Unit Ten Financial Statement Unit Eleven Cash Flow Statement Unit Twelve Accounting Cycle Unit Thirteen Depreciation Unit Fourteen Merchandiselnventory Unit Fifteen Current Liabilities and Long-term Liabilities Unit Sixteen Cost Accounting——a Concept Emphasis Appendix Translation and Keys for Reference