Principles of Financial Accounting


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Principles of Financial Accounting, Is a textbook written by Christine Jonick

About The Book

The University of North Georgia Press and Affordable Learning Georgia bring you Accounting I. Well-written and straightforward, Principles of Financial Accounting is a needed contribution to open source pedagogy in the business education world. Written in order to directly meet the needs of her students, this textbook developed from Dr. Christine Jonick’s years of teaching and commitment to effective pedagogy.


  • Peer reviewed by academic professionals and tested by students
  • Over 100 charts and graphs
  • Instructional exercises appearing both in-text and for Excel
  • Resources for student professional development

This textbook is an Open Education Resource. It can be reused, remixed, and reedited freely without seeking permission.

About the Contributors


Christine Jonick, Ed.D., is a professor of Accounting in the Mike Cottrell College of Business at the University of North Georgia. She has been with UNG for more than 25 years and received the Excellence in Online Teaching Award from UNG in 2016. Dr. Jonick serves as the chairperson of the American Accounting Association SE Member Engagement Committee and president and board of directors member of the Georgia Association of Accounting Educators.

Table of Contents

  • Chapter 1: Accounting Cycle for the Service Business-Cash Basis
  • Chapter 2: Accounting Cycle for the Service Business-Accrual Basis
  • Chapter 3: Accounting Cycle for a Merchandising Business
  • Chapter 4: Assets in More Detail
  • Chapter 5: Liabilities in More Detail
  • Chapter 6: Stockholders’ Equity in More Detail
  • Chapter 7: Capstone Experiences


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Additional information


Christine Jonick


University of North Georgia Press






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