Curated OER
Accounting Monopoly
Learners use Monopoly to review the accounting cycle. They create their own transactions while playing Monopoly. Students produce the financial statements that will match the transactions of the game.
Curated OER
Income Statement
Students demonstrate the proper way to prepare an income statement. They calculate a company's Gross Profit, Operating Expenses, Income from Operation before tax and Net Income, then determine the company's net income or net loss during...
Wolters Kluwer
Small Business Guide: Financial Statements
The four main financial statements, the balance sheet, the income statement, position statement, and statement of changes in owner's equity are listed with links for more detailed information. The importance of financial statements along...
Other
Gusto: How to Read Your Pay Stub
Take some time and go over a typical paycheck so you know exactly where your hard-earned dollars are going. This article explains how you should read your Gusto pay stub.
Other
Inc.: The Financial Section of a Business Plan
The article, written in October 1999, explains the significance of a business plan that informs potential venture capitalists of the goals, use of new capital proceeds, marketing plan, income statement and other financial projections.
McGraw Hill
Glencoe Corporation: Income Statement Case Study
This case study uses information from the Disney company to reinforce knowledge about corporation income statements. Additional activities in this case require Internet research.
Khan Academy
Khan Academy: Interpreting the Income Statement
Practice interpreting an Income Statement in this seven-question exercise.