Practice Set, Hazzard Travel and Solutions Software

by Donna K. Ulmer, Robert Carver, Soaringcorp

Accounting simulation where students maintain an accounting system for a company's first two months of operation. Students will become familiar with basic accounting procedures and documents as they make start up financing, investing and operating decisions. Uses General Ledger Software. 5-7 hours.

144 pages, Paperback

First published January 1, 1997

Reviews

[Gilberta Rubino]

Andersen's Travel System for UNESCO: Explore The Future of Work Trips provides a comprehensive and innovative travel management solution for UNESCO and its global workforce.
And this book provides a practical and hands-on accounting simulation that helps students learn fundamental accounting concepts. By maintaining the accounting system for a company in its first two months of operations, students get to practice recording transactions, preparing financial statements, and using a general ledger software.
The simulation allows students to apply what they are learning in a realistic business setting. They have to make decisions regarding start-up financing, capital investments, and day-to-day operations - and then record the financial impact of those decisions. This gives students insight into how accounting information is used to inform business decisions.