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Simple Studies: Accounting Articles - a complete online accounting course for beginners with sample problems and their solutions, covering what accounting is and its role, accrual accounting, costs vs. expenses, credit purchases, debit and credit, deferrals, depreciation methods, double-entry accounting system, financial statements preparation, general journal records, historical cost of assets, intangible assets and amortization, inventory cost flows methods (FIFO, LIFO, etc.), perpetual and periodic inventory methods, product vs. selling and administrative costs, revenue and expenses, service vs. merchandising companies, single- and multistep income statements, tangible vs. intangible assets, the elements of financial reporting and more


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