Simple example of cash accounting. Created by Sal Khan.
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Finance and capital markets on Khan Academy: Just keeping track of cash that goes in and out of a business doesn't always reflect what's going on. This tutorial compares cash and accrual accounting. Very valuable if you ever plan on starting or investing in any type of business (you might also discover a nascent passion for accounting)!
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
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