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Accounting Basics (Topic Outline)

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Topic Outline

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Read our In-Depth Explanation Free

Our Explanation of Accounting Basics uses a simple story to introduce important accounting concepts and terminology. It illustrates how transactions will be included in a company's financial statements.

Take our Practice Quiz Free

This 21-question quiz is a fast way to assess your understanding of the Accounting Basics Explanation. It's also a great warmup for our Quick Tests.

Read our Bookkeeping Study Guide

Our Bookkeeping Study Guide captures the most important concepts associated with bookkeeping. Whether you are just learning or you want to refresh your skills, this guide will be a great assist on your bookkeeping journey.

Review our Q&A Free

We've answered 246 popular questions related to the topic Accounting Basics. Review them all or use the search box found at the top of each page of our website for your specific questions.

Review our Flashcards

Our flashcards for the topic Accounting Basics will help you master key terms and definitions. You can view them on any device or print them.

Solve our Word Scrambles with Coaching

This word scramble is a great way to review and retain the terminology associated with Accounting Basics. The coaching feature provides you with a brief description and an example.

Solve our Crossword Puzzle #1

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Accounting Basics in a more fun format.

Solve our Crossword Puzzle #2

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Accounting Basics in a more fun format.

Review our Cheat Sheet

Our Accounting Basics Cheat Sheet highlights the accounting process, double entry, general ledger accounts, and the resulting external financial statements.

Take our Quick Test #1

This graded 30-question test measures your understanding of the topic Accounting Basics. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.

Take our Quick Test #2

This graded 30-question test measures your understanding of the topic Accounting Basics. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

Learn More About Harold

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