Students are provided with a Monthly Expenses Worksheet to help them understand the basics of budgeting, income, and spending.

Students complete an exercise to help determine the profile of customers who would use their businesses.

Students read about cash flow problems and review suggestions for dealing with them.

With this highly entertaining four-minute animation, learners can visualize the basics of accounting.

In this animated object, learners examine the structure and function of intracellular and extracellular fluid. They also read about the most common electrolytes in the body and complete a matching exercise to test their knowledge.

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

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 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.

25 terms and 25 matching descriptions

Complete this game to test your knowledge of chapter 1.

Spin to win and solve the puzzle about partnership accounting. Good luck! Visit stuvia.com/user/chione for accounting notes.

Donnelly Tax II Group 3 Review