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Featured Printable Materials

 Accounting Exams

Accounting Exams

Printable (PDF) Exams on 16 financial accounting topics and 19 managerial accounting topics. More Info...
     Accounting Bookkeeping Test

Bookkeeping Test

Test your bookkeeping skills. Printable (PDF) Bookkeeping Test with 175 total questions. More Info...
 Accounting Forms

Business Forms

Our Master Set of 80 Business Forms will assist you in preparing financial statements, financial ratios, break-even calculations, depreciation, standard cost variances, and more. More Info...



Latest Accounting Questions Answered

03/19What is the cost of sales?
Cost of sales is the caption commonly used on a manufacturer's or retailer's income statement instead of the caption cost of goods sold or cost of products sold. The cost of sales ..

03/17What are the disclosures for a manufacturer's inventory?
A manufacturer should disclose the following categories of inventory: raw materials, work-in-process, finished goods, manufacturing supplies, and packaging supplies. When some of t..

03/15What is the advantage of using historical cost on the balance sheet for property..
The main advantage of using historical cost on the balance sheet for property, plant and equipment is that historical cost can be verified. Generally, the cost at the time of purch..

03/12What is accrued income?
Accrued income is an amount that has been 1) earned, 2) there is a right to receive the amount, and 3) it has not yet been recorded in the general ledger accounts. One example of a..

03/10What is Subchapter S?
Subchapter S refers to a section of Chapter 1 of the U.S. Internal Revenue Code. A subchapter S corporation, which is also referred to as an S corporation, is a corporation that do..

03/05What is the purpose of the cash flow statement?
The purpose of the cash flow statement or statement of cash flows is to provide information about a company's gross receipts and gross payments for a specified period of time. The ..

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