Overview of Financial Statements

After preparing your adjusted trial balance, the next step in the accounting cycle is to prepare your financial statements. Learn about the balance sheet, income statement, statement of cash flow, and retained earnings statement in this tutorial. Continue reading

Cash Flow: Quiz

Study terms from the cash flow statement like net cash, prepaid expenses, payment of dividends, and more with this fun quiz. Continue reading

Balance Sheet: Quiz

Study balance sheet terms like assets, depreciation, goodwill, and more with this fun quiz. Continue reading

Cash Flow

Learn about the structure and contents of a statement of cash flows by examining one for the fictitious company Bogus Manufacturing, Inc. Continue reading

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

Balance Sheet

Learn about the structure and contents of a balance sheet by examining one for the fictitious company Bogus Manufacturing, Inc. Continue reading