The Interactive Accounting Cycle
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This is an accounting tutorial opening up in a separate window. The topics covered in this web application are typically covered in the first four weeks of an introductory accounting class.
Click the orange “Launch” button to open the application.
When the application is open, click on the “Start Course” to begin navigating the course content.
When finished click on “EXIT COURSE” in the upper right corner of the application.
Specifically, the steps of the accounting cycle include:
- Analyze business transactions.
- Journalize transactions
- Post to ledger accounts.
- Prepare a trial balance.
- Journalize and post adjusting entries.
- Prepare an adjusted trial balance.
- Prepare financial statements.
The interactive elements here will work on touchscreen devices such as Iphones and Ipads.