War22e_Ch01wip - Chapter 1 Introduction Introduction to...

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Unformatted text preview: Chapter 1 Introduction Introduction to Accounting to Accounting and Business and Business ACCOUNTING, 22e or ACCOUNTING, 22e or FINANCIAL ACCOUNTING, 10e FINANCIAL ACCOUNTING, 10e WARREN REEVE DUCHAC WARREN REEVE DUCHAC 1-1 Service Service Business Business Service Service The Walt Disney Company Entertainment Delta Air Lines Transportation Marriott International Hotels Hospitality and lodging Bank of America Corporation Financial services XM Satellite Radio Satellite radio Types of Businesses 1-2 Merchandising Business Merchandising Business Product Product Wal-Mart General merchandise GameStop Corporation Video games and accessories Best Buy Consumer electronics Gap Inc. Apparel Amazon.com Internet books, music, video Types of Businesses 1-3 Manufacturing Business Manufacturing Business Product Product General Motors Corp. Cars, trucks, vans Samsung Cell phones Dell Inc. Personal computers Nike Athletic shoes and apparel The Coca-Cola Company Beverages Sony Corporation Stereos and televisions Types of Businesses 1-4 Proprietorship Partnership Corporation Limited liability company Common Forms of Business Organizations 1-5 Types of Stakeholders A business stakeholder is a person or entity having an interest in the economic performance and well-being of a business. Capital market stakeholders provide the major financing for the business in order for the business to begin and continue its operations....
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War22e_Ch01wip - Chapter 1 Introduction Introduction to...

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