"The pages look great and make much more sense than my text book." 

Merita Young
Student - University of Phoenix

Go to the main page of Visual Learning maps
WORKBOOK

 TABLE OF CONTENTS

Some Links
 
To Examples of  Problems 

SECTION I 

Recording the "only" Five  Kinds of Business Transactions 
  1. Starting the business
  2. Cash Decreases
  3. Cash Increases
  4. Got Credit from Suppliers
  5. Gave Credit to Customers
SECTION 2

15 Business Cases

Preparing Journal Entries for Business Transactions; and Continued in Sections 3& 4.

Each Business Case starts with Journal Entries, then posting to T-Account, then Unadjusted Trial Balance, then preparation of the Income Statement,  Owner's Equity Statement and the Balance Sheet

  1. Limousine Service
  2. Blades and Boards
  3. Pizza Delivery
  4. Marketing Consultant
  5. Party Rentals
  6. Coffee Shop
  7. Advertising Consultant
  8. Veterinarian
  9. Professional Pool Player
  10. Ski Adventures
  11. Day Trader
  12. Webmaster
  13. Event Planner
  14. Customs Broker
  15. Dog Groomer
SECTION 3
T Accounts & Unadjusted Trial Balance
BUSINESS CASES continued
Post the Journal Entries to T accounts and prepare the Unadjusted Trial Balance
SECTION 4
Income statement
Owner's Equity
Balance Sheet
BUSINESS CASES continued
SECTION 5
The Adjusting Entries
Prepare Adjusting Entries Problems

Prepaid Items, Amortization / Depreciation, Supplies, Unearned Revenue, Accrued Revenue, Accrued Expense

SECTION 6
The Worksheet
SECTION 7
Classified Balance Sheet
SECTION 8
The Closing Entries
SECTION 9
Merchandising  Business
Adjusting Entries &

Closing Inventory
SECTION 10
Merchandise Income Statement  - Multi Step
(Classification & Closing)

SECTION 11
Which Journal to Use &
Posting the Journals
SECTION 12
Petty Cash
SECTION 13
Bank Reconciliation
SECTION 14
Sales Returns & Allowances
Sales Discounts

Purchase Returns & Allowances
Purchase Discounts

SECTION 15
 
Internal Control
SECTION 16
GAAP
SECTION 17
Profitability, Liquidity, Stability and Growth Measurements

Contact Us - Order Course Materials -  Useful Links for Accountants & Students          
Barriers to Learning Experienced by Asian students in American Accounting Classrooms   
Go to Learn Word & Excel   The Author & Why  
STUDENT'S PATH     PROFESSOR'S PATH     Home