Mcquaig/Bille/Nobles

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