Learn Financial Accounting/Principles I Using




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Get access to all thirteen Financial Accounting/Principles I modules below for one low price.

Module 1
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Learn the Societal Role of Accounting, an intuitive accounting equation, our unique 10 Basic transactions, financial statements, interactive transaction guide and key definitions.

Module 2

Foundations of Financial Accounting

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Explain how the Accounting Principles guide that process and apply your knowledge of Basic Transactions and Debits and Credits. Finish ahead of the Traditional Approach.

Module 3

AIS Accounting Information Systems

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Learn by comparing manual and computerized accounting systems then apply your knowledge with practice in a computerized system with a manual key.

Module 4

Adjusting Entries for Accruals and Deferrals

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Master the chapter that is often viewed as the most difficult topic in the course with a concise, consistent approach.

Module 5

Merchandising Operations with the Multi-Step Income Statement

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Learn how to apply the Buy, Pay, Use, Sell and Collect Transactions to Merchandise Inventory and generate a Relevant Income Statement for the Business.

Module 6

Cash and Internal Controls

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Learn why Cash is King, How Internal Controls Protect it and How it is Managed. 

Module 7


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Learn the Collect and Use for BAD BAD Debt transactions with the Allowance Method before the Lend transactions for Notes Receivables.

Module 8

Merchandise Inventory

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Explore seven methods to calculate the Use of Inventory to Sell on One worksheet then with Practice before learning the associated management, valuation and reporting issues.

Module 9

Long-Term Assets

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Learn the how to buy then three methods to use long-term assets by depreciating their cost over their useful life.

Module 10


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Learn by examples comparing current liabilities, notes payable and bonds, then practice to develop your skills.

Module 11

Owner's Equity

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Learn a firm foundation of terms and concepts as the basis for a concise three pages for all the transactions before your practice.

Module 12

Statement of Cash Flows

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Rapidly and thoroughly learn the final financial statement the Groundbreakingly Simple Practical Way covering the indirect and direct method.

Module 13

Financial Statement Analysis

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Learn Why Ratios are used while comparing two Companies, Slug versus Star, to understand the How behind the formulas.

It's a No Brainer!

Developed Over 15 Years

Developed over 15 years by hosts John Wiley and Jeff Hillard in a classroom setting.

Used by Thousands of Students

Field tested with thousands of successful students in class and in a tutorial lab by a Professor and Lab Manager Team.

No Memorization

With our proven system, you'll learn it first instead of memorizing it.

We do it ALL in Excel

Our workbook and lessons are organized by chapter modules that are straightforward and easy to understand.

Ten Basic Transactions guide your classifications for the entire course.
Each Module Costs Less Than Your Starbuck's Order!

Plus get Modules One and Two for Free!

John Wiley & Dr. Jeff Hillard

Meet Your Hosts!

Dr. Jeff Hillard, CMA, CPA is a Professor of Accounting at Montgomery College in Rockville, Md. His academic career spans 18 years dedicated to innovative approaches in the classroom. He holds a Doctor of Management from UMGC. Dr. Hillard has published several articles in academic journals in the fields of Accounting education and the text Managerial Accounting Principles, V3.0 by AME Learning. His dog Charlie has volunteered to serve as the mascot for Practical Accounting.

John Wiley, M.Ed. is the Manager of the Business, Accounting and Technology lab at Baltimore City Community College, where he collaborated with Dr. Hillard for seven years and later coauthored the Managerial Accounting Principles textbook. He holds a Master’s degree in Educational Counseling from Coppin University. Students flock to John’s lab for his expert knowledge and sage advice. John plays keyboards and coronet in the jazz band Wheels. His dog Ginger thinks she should be the mascot.

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