Accounting basics guideFormal Sciences

Accounting basics study guide on one topic: plain explanation, worked examples and exercises with answers

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Accounting basics study guide on one topic: plain explanation, worked examples and exercises with answers

Example result

Example for the Standard package

Study guide: solving linear equations, for students aged 13–14

The one rule

An equation is a balance. Whatever you do to one side, you do to the other, and the balance stays level. The goal is to get x alone on one side.

Worked example 3: the unknown on both sides

Solve 5x − 4 = 2x + 11.

  1. Move the x terms to one side: take 2x from both sides. 5x − 2x − 4 = 11, so 3x − 4 = 11.
  2. Move the numbers to the other side: add 4 to both sides. 3x = 15.
  3. Divide both sides by 3. x = 5.
  4. Check: 5 × 5 − 4 = 21 and 2 × 5 + 11 = 21. Both sides match.

Common mistake

In 3(x + 2) = 18, many students write 3x + 2 = 18. The 3 multiplies everything in the brackets: 3x + 6 = 18, so x = 4.

Exercises 7–10

  1. 4x + 3 = x + 18
  2. 2(x − 5) = 14
  3. 7 − x = 3x − 9
  4. 3(2x + 1) = 4x + 15

Answers: 7. x = 5 · 8. x = 12 · 9. x = 4 · 10. x = 6

Files: PDF and Word. The guide is for learning: we do not do homework or tests to be handed in.

Client: a parent whose daughter gets lost when an equation has brackets or the unknown on both sides. Task: a guide at middle school level that starts from the basics and builds up to those two cases. Standard package: up to 8 pages, 6 worked examples, 20 exercises with answers and a summary sheet. Excerpt below.

The client and all details are made up.

About this service

Accounting starts to make sense once debits and credits stop being magic words. This guide takes one topic, such as the accounting equation, double entry and T-accounts, the trial balance, accruals and prepayments, depreciation, the income statement, the balance sheet or cash flow, and explains it in plain words, with worked examples on a made-up small business, every entry shown step by step, common mistakes and exercises with answers. It suits students of an intro course and people who want to understand how books are kept. Tell us the course and the country or standards it follows. The guide is for learning only: it gives no accounting, tax or financial advice and keeps no one's books, and we do not do homework, tests or exams to be handed in. Rules differ by country, so check the guide against your course.

What is included

  • What you getA PDF and Word file on your accounting topic: the idea in plain words, worked examples on a made-up small business with every entry shown, common mistakes and exercises with answers. From Standard, a one-page summary sheet with the key terms and rules; in Premium, a 20-question self-check test and a separate answer key with short explanations.
  • Debits and creditsWhy each entry goes where it goes
  • A made-up businessExamples on invented figures, entry by entry
  • From entries to reportsHow the numbers end up in the statements
  • Common mistakesSwapped debits and credits, cash vs profit, missed accruals
  • At your levelAn intro course, a college module or a curious business owner

How it works

  1. 1
    TopicYou name the topic, the course and its standards
  2. 2
    WritingWe write the explanation, worked entries and exercises
  3. 3
    DeliveryYou get the guide in PDF and Word on the order page
  4. 4
    StudyYou practise with it and ask for changes within your package

What we need from you

The exact accounting topic, the course and level, the country or standards it follows (for example IFRS or local rules), the textbook if there is one, the terms your course uses, what the learner already knows and finds hard, the language, and how the guide will be used. You may attach a syllabus, a list of topics or a page of class notes as Word or PDF files, up to 3. Please do not send graded homework, tests or exam papers to be solved.

We will ask you:

  • Which accounting topic?
  • For what level?
  • What does the learner already know, and what is hard?
  • Which country or standards?
  • Language and how the guide will be used

Compare packages

BasicUp to 4 pages$8StandardUp to 8 pages$16PremiumUp to 15 pages with a test$32
Deadline1 day2 days3 days
Revisions123
Pagesup to 4up to 8up to 15
Worked examples3610
Exercises with answers102035
Summary sheetNoYesYes
Test and answer keyNoNoYes, 20 questions
SubjectAccounting basicsAccounting basicsAccounting basics
OrderOrderOrder

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You pay when you order, but the money is released only for accepted work.

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  • The money is reservedWhen you pay, the amount is only reserved. It is released to the service once you accept the work.
  • Checked before deliveryEvery result goes through a quality check before it reaches you, and you see it on the order page before accepting it.
  • Free revisionsAsk for changes within your brief as many times as the package allows.
  • Acceptance after 3 daysIf within 3 days of delivery you neither accept the work nor ask for changes, it is accepted automatically. If you write in the order chat after delivery, the order waits; once we answer, we may start the 3 days again and will say so in the chat.
  • Redo or a full refundIf the result does not match your brief and the revisions did not fix it, or the work takes more than twice its deadline, write in the order chat: we will redo the work or refund the payment in full.
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Questions and answers

Will you do my accounting homework?

No. The guide teaches the topic with new examples and exercises; we do not do homework, tests or exams to be handed in as your own work.

Can you check my company's books or tax return?

No. The guide teaches the basics on a made-up business; it gives no accounting, tax or financial advice and does not review anyone's records.

Which country's rules does it follow?

The ones your course uses: tell us the country or the standards, such as IFRS or local rules. Terms differ, so check the guide against your course.

Is it suitable for a small business owner?

Yes, for understanding the ideas. Choose a beginner level; for your own books and taxes, talk to an accountant.

Can a teacher use it with a class?

Yes. Print it and share it with your learners; in Premium the test and the answer key are separate files, so you can hand out the test alone.

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