Income Statement, Single Step

Learn about the structure and contents of a single-step income statement by examining one for the fictitious company Bogus Manufacturing, Inc. Continue reading

Income Statement – Multi-Step

Learn about the structure and contents of a multi-step income statement by examining one for the fictitious company Bogus Manufacturing, Inc. Continue reading

Debits and Credits

The most critical concept for any accounting student to master is an understanding of debits and credits. Many textbooks can be confusing, but this tutorial should put you on the right path. Continue reading