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Accounting Action!

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Hi, my name is B.N. Counter. Business is all about exchanging items of value. Accounting is essentially "a counting" of these transactions. It tells us whether a firm is doing well, how much it has and how much it owes. Since the days of simple bartering, accounting has become very complex, developing a vocabulary and procedures that can befuddle even the sharpest minds. In these lessons, we'll use stories, characters, and special tools to help Double Entry accounting make more sense to the casual student, business owner, or nonprofessional.

 Topic

Text

Video

A Brief History of Accounting
Meet Drac & Crac, stone age traders who developed the first accounting procedures to keep track of their transactions. Along the way they invented the concepts of money, journals, and ledgers.


2 pages
 
Financial Fourteen
Although you may not yet be familiar with these 14 fundamental accounting terms, make them part of your vocabulary. Post the Wall Chart for easy reference and carry the Flash Cards to study.

3 pages
 
     

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