McQuaig/Bille/Nobles
College Accounting, 10e Chapters 1-24 and Chapters 1-12
ISBN: 1439037752 and 1439038783
Errata Sheet
Index-pg. 1-2
Chart of Accounts-
There is no chart of accounts on pg. 383, rather, it is on pg. 380.
Chapter 1, pg. 39 Problem 1-4 B
b. The transaction should refer to a ‘used truck’ not a ‘used business’.
Index-pg. 1-4 (Chapters 1-12) and pg. 1-7 (Chapters 1-24)
Perpetual vs. periodic inventory system
The index specifies that Perpetual vs. Periodic inventory system is on page 383, rather, it is on pg. 389.
Chapter 7, pg. 255
Employer/Employee Relationships
The text notes that “Businesses are required to give an independent contractor an IRS Form 1099-MISC for the year if the fees paid exceed $600.” To be more specific, it should state:
“Businesses are required to give an independent contractor an IRS Form 1099-MISC for the year if the fees paid are $600 or more.”
Chapter 5, pg. 195
Glossary, incorrect page numbers, see below
Index-pg. 1-4 (Chapters 1-12) and pg. 1-1 (Chapters 1-24)
Calendar Year refers to page 262, but should be page 263
Index-pg. 1-4 (Chapters 1-12) and pg. 1-7 (Chapters 1-24)
Sales and purchases under the Perpetual inventory system refers to pages 379-385 but should be pages 385-391