Using the familiar experience of setting up a childhood lemonade stand to explain accounting concepts, The Accounting Game is a workbook that will help you learn the basics of accounting in an easy-to-understand way. Exercises will help students to learn the structure and purpose of the three primary financial statements----the balance sheet, the income statement, and the cash flow statement-----as well as the basic language of business. Expenses, bad debts, accrual vs. cash methods of accounting, FIFO and ALIFO, capitalizing vs. expensing, depreciation, and other concepts are also covered. Designed to use multiple learning styles to tap into long-term memory, examples walk students back into memories with descriptive paragraphs which use common vernacular such as "there's, like, hundreds." A narrative approach asks students questions before answering then in red font, and moving on to the next question; fill-in-charts provide hands-on practice. 179 pages with index and answer key, softcover.
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