Accounting Diagrams

Business of Accounting

• How to Evaluate a Bookkeeper
• Public Accounting Job Titles
• Questions for Evaluating Tax Clients
• Where to Find Accounting Clients

Cycles

• The Accounting Cycle
• The Expenditure Cycle
• The Revenue Cycle

Leases

• Journal Entries for a Lessee's Lease Payments
• Steps to Create a Lease's Effective Interest Table
• Test for Finance or Operating Lease

Misc Journal Entries

• Account for Cost of Goods Sold
• Gross and Net Methods for Sales Discounts
• Write Off a Doubtful Account

Tax

• Four-Part Test for R&D Tax Credits
• Sources of Federal Income Tax Rules
• Steps to Calculate Gift Tax Basis
• Steps to Calculate Income Tax
• Tax Research Process
• Which Tax Form is for My Business?

Tax - Basis

• Steps to Calculate Outside Basis for a Partner
• Steps to Calculate Section 351 Basis
• Steps to Calculate Shareholder Basis for an S Corporation