Buying a Car: What It Really Costs with Finance Charges (Screencast)
In this learning activity you'll calculate the difference in the total cost of a new car when using cash and when paying for the car with a 60-month loan.
Accounting Careers and Titles: Areas of Specialization
Learners read about the different kinds of positions available in the accounting field at private corporations, government agencies, and not-for-profit organizations.
In this interactive object, learners read a brief summary of the principles of cash basis accounting and then check their knowledge of transactions in 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.
Personal Savings/Spending Plan for Adults - Actual
In this learning activity you'll review information and exercises from the planning part of the "Personal Savings/Spending Plan for Adults" learning object.
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 an explanation of the debits and credits of accounting as they relate to T accounts and the accounting equation. Illustrated examples are provided.
Learners examine the 10 steps of the accounting cycle. The cycle begins with the analysis of source documents and ends with the post-closing trial balance and interpreting the financial information.
The Mathematics of Buying: Putting It All Together
Learners tackle this interactive learning object after studying the mathematics of buying. This activity ties together the ideas of net cost, list price, trade discounts, cash discounts, net cost equivalent, and single discount equivalent, as well as the concepts of part, base, and rate.
Financial Statements: What Are They? What Do They Mean?
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.