Accounting methods
AlgebraCalculusStatisticsGeometryTrigonometryPhysicsChemistryComputer ScienceFinanceAccountingEconomicsNumber Theory
- How to calculate straight-line depreciation
Learn how to calculate straight-line depreciation by dividing the depreciable base of an asset by its useful life.
- How to calculate cost of goods sold
A step-by-step method to calculate Cost of Goods Sold (COGS) using beginning inventory, purchases, and ending inventory.
- How to prepare a trial balance
Learn how to prepare a trial balance by listing all ledger accounts and ensuring total debits equal total credits.
- How to record a journal entry
Learn how to identify affected accounts, apply debit and credit rules, and record standard accounting journal entries.