Designed for financial accounting programs that prefer to start with a sole proprietorship approach, this market-leading text provides business students with a strong foundation in accounting procedures and emphasizes the use of financial information in decision making and analysis. The text--intended for use in a single semester or quarter--contains balanced, flexible content supported by an array of integrated print and technology supplements. The 2005e Edition maintains a high standard for accuracy, integrates performance measurement, and emphasizes technology. Real-world examples appear throughout the text to help students link accounting procedures to publicly held companies as well as international, governmental, and not-for-profit organizations. Blackboard and WebCT CD-ROMs include customized course material and information, such as chapter overview/learning objectives, chapter and lecture outlines, key points and terms, chapter-based PowerPoint slides, chapter summaries, assignments, and Web links. The CD-ROMs also contain interactive exercises and self-test questions from the Student Study Guide. The chapter-based HMAccounting Tutor CD-ROM replaces the Accounting Transaction Tutor (ATT). Students can apply the readings for each chapter to a diagnostic test, a tutorial, an Internet assignment, and a demonstration problem (which includes animation and voice-over narrations). Eduspace is Houghton Mifflin's online learning tool. Powered by Blackboard, Eduspace is a customizable, powerful and interactive platform that provides instructors with test-specific online courses and content.