The Accounting Tutor

Accrual Example: Salaries Payable (Updated 2016)

Product Costs and Period Costs

A Brief Word on Internal Rate of Return (IRR)

Intro to Net Present Value (NPV): Part 1 of 2

Intro to Net Present Value (NPV): Part 2 of 2

Standard Costs and Variances: Two Examples

Managerial Accounting: Production Budget Problem Example

Managerial Accounting: Cash Budget Problem Example

Contribution Margin and CVP Analysis (Part 2 of 2)

Contribution Margin and CVP Analysis (Part 1 of 2)

The High-Low Method

Activity-Based Costing (ABC): A Simple Explanation

Equivalent Units

Predetermined Manufacturing Overhead Rates

Managerial Accounting: Hints for Calculating COGM and COGS

Managerial Accounting: Introduction to Inventory Terminology

Variable Costs and Fixed Costs (Part 2 of 2)

Variable Costs and Fixed Costs (Part 1 of 2)

Financial Accounting Versus Managerial Accounting: What's the Difference?

Closing Entries (Two Approaches)

Deferral Example: Unearned Revenue

Accrual Example: Revenue

Recording Depreciation

Prepaid Expense Examples

Adjusting Entry Example: Consuming (Expensing) Supplies

Creating a Trial Balance

Example for Recording Debits and Credits

Accounts Receivable and Accounts Payable

Financial Accounting: Basic Background

Audit Testing Procedures: Vouching vs Tracing