Learners read about the purposes of balance sheets and income statements and then place accounts into these two financial statement categories in a drag-and-drop exercise.

In this accounting learning object, students follow the steps involved in the closing process. Temporary accounts contain ending balances for a specified period and must be closed.

Learners read about the most common forms of financial statements including balance sheets, cash flow statements, and profit and loss statements. A brief quiz completes the activity.

Learners reinforce the matching concept in accrual basis accounting through a drag-and-drop exercise.

In this learning activity you'll identify the various parts of a bar graph, read and interpret its data, and calculate the data to solve various application problems.

Learners read the definitions of working capital, current ratio, quick ratio, return on equity, accounts receivable turnover, and inventory turnover.

Learners reinforce the matching concept in accrual basis accounting through a drag-and-drop exercise.

Learners read about the purposes of balance sheets and income statements and then place accounts into these two financial statement categories in a drag-and-drop exercise.

Learners examine the accounting equation and classify accounts into the appropriate categories in drag-and-drop exercises.

Understand and choose correct option

Multiple Choice Theory QuestionsChoose the best answer

Practice your account classification skills!

Spin to win and solve the puzzle about costs related to decision-making purposes. Goodluck! (Visit payhip.com/chione for accounting notes.)