Homeschool Learning Resources at CafeGenius



Special Journals

  • Cash Payments Journal: The Cash Payments Journal is a special journal designed to record a single type of frequently occurring transaction -- in this case, cash payments. This tutorial cover the concept of the cash payments journal from the original transactions through the posting process.
  • Cash Receipts Journal: The Cash Receipts Journal is a special journal designed to record a single type of frequently occurring transaction -- in this case, cash receipts. This tutorial will cover the concept of the cash receipts journal from the original transactions through the posting process.
  • Purchases Journal: The Purchases Journal is a special journal designed to record a single type of frequently occurring transaction -- in this case, credit purchases. This tutorial cover the concept of the purchases journal from the original transactions through the posting process.
  • Sales Journal: The Sales Journal is a special journal designed to record a single type of frequently occurring transaction -- in this case, credit sales. This tutorial covers the concept of the sales journal from the original transactions through the posting process.
  • Subsidiary Ledgers: A subsidiary ledger, or subledger, breaks out a single general ledger account into subgroups that share common information. Find out more about subsidiary ledgers and their controlling accounts in this tutorial.

Financial Statements

  • Balance Sheet: Learn about the structure and contents of a balance sheet by examining one for the fictitious company Bogus Manufacturing, Inc.
  • Balance Sheet: Quiz: Study balance sheet terms like assets, depreciation, goodwill, and more with this fun quiz.
  • Cash Flow Statement: Learn about the structure and contents of a statement of cash flows by examining one for the fictitious company Bogus Manufacturing, Inc.
  • Cash Flow: Quiz: Study terms from the cash flow statement like net cash, prepaid expenses, payment of dividends, and more with this fun quiz.
  • Income Statement - Multi-Step: Learn about the structure and contents of a multi-step income statement by examining one for the fictitious company Bogus Manufacturing, Inc.
  • Income Statement, Single Step: Learn about the structure and contents of a single-step income statement by examining one for the fictitious company Bogus Manufacturing, Inc.
  • Retained Earnings Statement: Learn about the structure and contents of a statement of retained earnings by examining one for the fictitious company Bogus Manufacturing, Inc.

Cost Accounting

  • Break-Even Analysis and the Break-Even Point: When considering the production or sale of a new product or service, businesses often will use break-even analysis and the break-even point to see whether its financially feasible. See how it works in this free tutorial.
  • Fixed Costs: Fixed costs are defined as any cost or expense that does not vary with changes in the level of business activities like sales or production. Learn more about fixed cost in this tutorial.
  • Variable Costs: Variable costs are expenses that increase or decrease as a direct result of increases or decreases in sales or production volume. Learn more about variable cost in this tutorial.

Markup and Markdown

  • Calculating Markdown: Use this Formula Solver! Series program to learn how to calculate price markdowns. Use your own numbers and solve for either original price, markdown rate, or sale price. It's great for checking your homework answers, too!
  • Calculating Markdown: Bottomless Worksheet: Use this Bottomless Worksheet to get endless practice on calculating markdown with original price, sale price, and markdown rate. At the click of a button, it creates ten new problems for you to solve. A printed copy and answer sheet is also available.
  • Calculating Markup from Cost: Calculating cost markup is a breeze with our popular Formula Solver! Series. Use your own numbers and solve for either cost, markup rate, or price. It's great for checking your homework answers, too!
  • Calculating Markup From Price: Calculating price markup is a breeze with our popular Formula Solver! Series. Use your own numbers and solve for either cost, markup rate, or price. It's great for checking your homework answers, too!
  • Cost Markup: Bottomless Worksheet: Get endless practice right here finding cost, selling price, and markup rate! At the click of a button, this Bottomless Worksheet generates ten more problems for you to solve. Plus, a printed copy or answer sheet is only a click away.
  • Markup from Price: Bottomless Worksheet: This Bottomless Worksheet is a way to get endless practice on finding selling price, cost, and markup rate. At the click of a button, it creates ten more problems for you to solve. A printed copy and answer sheet is also available.
  • Pricing Perishables: Use this Formula Solver! Series program to learn how to calculate price for perishables to cover spoilage losses. Use your own numbers and solve for either old price, new price, or spoilage rate. It's great for checking your homework answers, too!
  • Pricing Perishables: Bottomless Worksheet: With this Bottomless Worksheet you can enjoy endless practice working with old price, new price, and spoilage rate. Ten new problems at a time solve for these three variables, with a printed copy and/or answer sheet a click away.
  • Study Sheet of Markup and Markdown: Explore the basics of markup and markdown with this Smartacus Study Sheet. Use it to study definitions and formulas (including cost markup, price markup, calculating markdown, and pricing perishables). It also prints for easy reference.

Taxes

  • Calculating Sales Tax: Use this Formula Solver! Series program to learn how to calculate sales tax from the purchase price and tax rate. It's great for checking your homework answers, too!
  • Calculating Sales Tax: Bottomless Worksheet: Endless practice on calculating sales tax from the purchase price and tax rate awaits you in this Bottomless Worksheet. Ten new problems, a printed copy, and an answer sheet are all a button-click away.
  • Calculating Value-Added Tax: Use this Formula Solver! Series program to learn how to calculate the value-added tax (VAT) from the purchase price and tax rate. It's great for checking your homework answers, too!
  • Calculating Value-Added Tax: Bottomless Worksheet: This Bottomless Worksheet offers limitless practice on calculating value-added tax from the purchase price and VAT tax rate. Ten new problems, a printed copy, and an answer sheet are all a button-click away.
  • Excise Taxes: Study Sheet: This Smartacus Study Sheet can help you understand the definitions and formulas for sales taxes and value-added taxes (VAT). It also prints for easy reference.

Time Value of Money

  • Compound Interest: Calculating compound interest, as used in mortages, is now much easier. Learn how to find the interest using the principal, number of compounding periods, and interest rate. Use your own values for an added bonus!
  • Compound Interest Made Simple: Compound interest is the method of finding interest where interest is charged on the principal as well as the interest already accumulated. Review a simpler method for finding compound interest with this tutorial.
  • Compound Interest: Bottomless Worksheet: Use this Bottomless Worksheet to get endless practice on calculating compound interest from the principal, number of periods, and interest rate. Ten new problems to solve, a printed copy, and an answer sheet are all only a click away.
  • Present Value: This Flash tutorial walks you through the steps to calculate present value from the future value, interest rate, and number of maturity periods. You can enter your own values, too.
  • Present Value: Bottomless Worksheet: Get endless practice with this Bottomless Worksheet in calculating present value from future value, number of periods, and interest rate. At a button-click it creates ten more problems for you to solve, complete with printed copy and answer sheet.
  • Simple Interest: Calculating simple interest is a snap with this Formula Solver. Learn how to find the interest using the principal, number of interest periods, and interest rate. Use your own values to check your homework!
  • Simple Interest: Bottomless Worksheet: With this Bottomless Worksheet you can get endless practice on calculating simple interest from the principal amount, number of periods, and interest rate. A printed copy, answer sheet, and another ten problems are all just a button-click away.

Consumer Credit and Banking

  • About Interest Rates: The topic of interest rates are more complicated than you might think. This tutorial covers the relevant terminology, including APR, APY, and the yield curve.
  • Average Daily Balance: The Average Daily Balance is the total of the balance at the end of each day during a period divided by the number of days in the period. Learn how to calculate average daily balance (ADB) in this tutorial.
  • Balancing Your Checkbook: Balancing your checkbook is little more than making certain you and the bank both agree on what's happened to your bank account each month. Learn how to balance your checkbook with this helpful tutorial.
  • Rule of 78: The Rule of 78 is a method of allocating interest charges for the life of a loan. Learn how the Rule of 78s works in this tutorial.

Basic Statistics

  • How to Read a Bar Graph: This brief tutorial explains the various parts of a bar graph and shows how it is used to visually represent information.
  • How to Read a Line Graph: This brief tutorial explains the various parts of a line graph and shows how it is used to visually represent information.
  • How to Read a Pie Chart: This brief tutorial explains the various parts of a pie chart (or pie graph) and shows how it is used to visually represent information.
  • How to Read a Table: This brief tutorial explains the various parts of a data table and shows how it is used to visually represent information.
  • Study Sheet of Basic Statistics: Explore basic statistics with this printable Smartacus Study Sheet. Review the types of graphs (line, bar, pie chart), how to read a table, and basic data set values -- median, mode, mean, and range.

Business Organization

  • Business Entity Consultant: Deciding on a business structure for your company is easier than you might think. By answering a series of basic questions, this virtual consultant can advise you of your choice (while teaching you the pros and cons of each type).
  • Intro Business: Quiz: How well do you know your business terms? Take the plunge with this fun quiz -- ten questions randomly selected from accounting, economics, finance, management, marketing, business organization, and human resources.
  • Musings on the Organizational Chart: Organizational charts are taught in several business courses, but each one tends to teach it from its own perspective. Bottom line, the org chart needs to function effectively to help the business achieve its goals.
  • My Intro Business Flashcards: Learn the important terms and definitions for accounting, marketing, economics, and other business disciplines with these flashcards. You can even study while you play a concentration game, too!