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Real Life Accounting - The Accounting Model

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Articles by John Day. The Accounting Model is the key that unlocks the mystery of double-entry accounting. It is made up of three very simple parts:. Part is a ledger page with a line drawn down the middle (like a big T) automatically creating a left and right side of the dividing line. However, in accounting language the word "debit" is used instead of "left" and the word "credit" is used instead of "right". 1 ALL ASSET ACCOUNTS. 2 ALL LIABILITY ACCOUNTS. 3 ALL EQUITY ACCOUNTS. 4 ALL REVENUE ACCOUNTS.

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Real Life Accounting - Testimonials

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Articles by John Day. Real Life Accounting has been used sucessfully by students in more than thirty countries. But don't take our word for it.read what they have to say. The HEART of Accounting. Articles and The Journal Entry Newsletter. As a CPA, I recommend this interactive course both to beginning business owners and old business owners who have been throwing their financial reports into the bottom drawer without using them. I also recommend it to beginning accountants, who have only book learnin...

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Real Life Accounting - Returning Student Login

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Articles by John Day. Enter your Username and password. If you encounter technical problems, exiting the course, closing your browser and then reentering the course will usually resolve them. We want your course experience to be smooth and trouble-free. Please report any continuing problems to us RIGHT AWAY at bugs@reallifeaccounting.com. PLEASE REVIEW THESE COURSE REMINDERS:. In the upper right of the screen. If you have a question about the course, please e-mail it to queries@reallifeaccounting.com.

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Real Life Accounting - Accounting Dictionary

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Articles by John Day. A method of allocating the cost of a fixed asset over its useful life in a manner that allows more cost to be depreciated in the earlier years than later years. The rationale supporting this method is that a fixed asset is more productive in its earlier years than in its later years. A current liability owed by the company to a vendor for purchase of goods or services. A current asset owed to the company by customers when they purchase goods and services. Assets, liabilities, equity...

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Real Life Accounting - Evaluate Your Training Needs

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Articles by John Day. Evaluate Your Training Needs. Click on any question for more information. Need more help in deciding? Have you little or no experience in accounting? These courses are designed for someone like you. Take The HEART of Accounting. Having this knowledge and skill should give you the confidence to advance to the more comprehensive online course Accounting for Non-Accountants. To see the wide range of additional accounting concepts and principles you can learn. Do you work in accounting ...

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Real Life Accounting - Course Information

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Articles by John Day. Select a tab below for information about each of our course offerings. The HEART of Accounting. The HEART of Accounting™. You can “jump-start” your learning of basic accounting concepts by taking this NEW “break-through” course in just FOUR hours or less! I assume you are visiting my Real Life Accounting. Course. If not, you may want to click over to it now. Before reading on, as this evaluation could prove helpful in deciding whether this is the right course for you. Are and how th...

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Real Life Accounting - Introduction & Course Preview

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Articles by John Day. Introduction and Course Preview. Introduction and Course Preview. Hi, I'm John Day, welcome to the Accounting for Non-Accountants. Online course. You can preview the course by taking the Introduction and First Study Section FREE of charge. Just complete the Course Preview Sign-In. Download instructions will be sent to the e-mail address you enter below, so be sure you give us one at which you regularly receive e-mail. So let's get started, class is about to begin.

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Real Life Accounting - Frequently Asked Questions

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Articles by John Day. The questions that we hear most often have been divided into the following categories:. Why is this web site called an “Accounting Program”? What does “real life” mean from an accounting standpoint? The term is meant to differentiate “academic” learning from “hands-on” learning. The two courses, The HEART of Accounting, and Accounting for Non-Accountants, simulate the conditions one would normally find in an actual small business accounting environment. Once a student learns the bas...

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Real Life Accounting - Financial Calculators

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Articles by John Day. Here are some easy to use on-line calculators to help you solve some common financial problems. If you find these calculators useful, be sure to bookmark this page or suggest it as a link to your favorite home page or search engine.

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Real Life Accounting - Affiliate Program

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Articles by John Day. Promote Real Life Accounting products on your site and earn 30% commission! If you have an audience who would benefit from either the Accounting for Non-Accountants online course or The HEART of Accounting™ workbook, we will pay you 30% of each sale that is referred from your web site. The HEART of Accounting - E-book. The HEART of Accounting - Print. Both Courses w/print book. If you have any questions about the affiliate program, please email affiliates@reallifeaccounting.com.