Hands-on accounting practice with real-world problems
Explore a compilation of data sets, ledgers, and scenarios designed to sharpen your accounting skills. This edition presents practice problems that cover journal entries, balance sheets, liquidation, mergers, and error analysis, all framed around the classic business cases in the field.
- Build skill with opening entries, asset valuations, and the setup of general, customers, and creditors ledgers.
- Work through company reorganizations, dissolutions, and consolidations, including stock issuance and capital adjustments.
- Learn to prepare statements of affairs, liquidation worksheets, and closing entries from complex trial balances.
- Practice applying accounting concepts to daily business scenarios, from inventory to depreciation and intercompany transactions.
Ideal for students and professionals seeking hands-on, historical-style accounting problems to reinforce concepts and procedures.