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Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business, and it also refers to the process of summarizing, analyzing, and reporting these transactions to oversight agencies and tax collection entities.

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Perfect for employees, bookkeepers, students, accountants, and small businesses, we make accounting easy for anyone.

  • Explanations

Our Explanations simplify the most important accounting topics in a way that's clear, straight-to-the-point, and easy to understand. With more than 25 years of teaching experience, Harold brings accounting to life by combining theory with real-world examples and stories.

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  • Practice Quizzes

Our Practice Quizzes will help you assess your understanding of each Explanation and improve your retention. These are a great warm-up for our Quick Tests which contain more than 1,800 questions with solutions.

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We have answered more than 1,100 of the most common accounting and bookkeeping questions. You can browse all of our Q&A by topic or search for a specific question by using the search box found at the top of each page.

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Crosswords and Word Scrambles

Our Crossword Puzzles and Word Scrambles will help you learn, review, and retain important terminology for each accounting topic in a fun way.

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  • Video Training

Our Bookkeeping Video Training (13 videos) will help you build confidence as you increase your understanding of debits and credits, adjusting entries, transactions, and more.

Our Financial Statements Video Training (14 videos) will walk you through the balance sheet, income statement, and cash flow statement.

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Our Flashcards will provide you with crystal-clear accounting definitions so you can master complex terminology faster and easier. All 500+ total flashcards are available in both digital and printable format.

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  • Visual Tutorials

Our Visual Tutorials are perfect for people who get overwhelmed studying jargon-filled accounting textbooks. Follow along step-by-step and we'll explain the most important accounting topics in a more intuitive away.

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  • Quick Tests

Our 70+ Quick Tests give you immediate feedback on what you know and what you don't know. The more than 1,800 test questions will improve your retention and help you go from memorizing to understanding.

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Bookkeeping Study Guide

A quick and thorough overview of 24 key bookkeeping topics. Whether you're just learning or you want to refresh your skills, we think this guide will be a great assist on your bookkeeping journey.

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Managerial Study Guide

A quick and thorough overview of 30 key managerial and cost accounting topics. This helpful, relevant, and easy-to-read study resource reflects many years of teaching and business consulting.

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  • Cheat Sheets

Our Cheat Sheets offer a great way to quickly review the most important key points for each topic. They will help you study each topic faster and remember the most important concepts.

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  • Printable PDFs

We have meticulously converted our entire collection of materials into high-quality PDF files so you can download and print all of our content. They are great for studying and reviewing offline at your convenience.

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  • Business Forms

Our real-world business forms include helpful instructions and filled-in examples that are designed to help you understand accounting in yet another way. Each of our 80+ forms are available in both Excel and PDF format.

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Progress Tracking

Our intuitive progress tracking will help you visualize your current progress and pick up where you left off. This is perfect for busy individuals that prefer to learn at their own pace.

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Badges and Points

Our badges and points will help you stay motivated and celebrate your achievements. Earn our unique badges and points as you track your progress and complete various milestones.

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  • Certificates

Receive our official Certificates of Achievement after you pass each of our 11 certificate exams. Earning our certificates will help improve your credentials, enhance your portfolio, boost your confidence for a job interview, and allow you to share your achievements online.

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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"I am currently the Director of Accounting in a multi-billion dollar Company. My team and I are responsible for closing the books, consolidation, financial reporting as well as internal management reporting. I became a PRO user because I found AccountingCoach to be helpful in areas when you just need someone to explain in simple accounting terms. This website has helped me in various areas especially with brushing up my skills before onboarding any new team members. Recently my Company changed our health insurance carriers and I needed to understand payroll accounting in a very short amount of time. I immediately utilized AccountingCoach which helped me understand payroll journal entries and the impact they could have on the financials. I am forever grateful for this resource as I know I can easily get an answer and even quiz myself in order to ensure I have a full understanding of accounting concepts. Thank you again for making this resource available at such an affordable rate." - Anila

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Whether you’re stuck identifying cost drivers at midnight before your final exam or finishing up an income statement for class tomorrow, our tutors are available to help. Wherever you are, whenever you need them, our accounting tutors are ready to help you understand any and all accounting principles. If you forgot to ask a question at the review for the midterm or were distracted in the class on calculating net income, you can sign up for your own personal tutor and be prepared for your next class or exam.

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If you are stuck with deadlines and see no end to that pile of accounting homework.

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If you are a college student who needs help understanding complex concepts in their major subject.

If you are someone who lacks the motivation to complete their accounting homework and may need help staying on task, maintaining focus, and for better understanding of the topic.

If you are someone who struggles to grasp the concepts being taught in class, accounting homework assignments can serve as a way to reinforce those concepts and help them understand better.

We Covered All the Major Topics Of Accounting Here!

With top-notch step-by-step explanations from knowledgeable instructors, you can always get help with your accounting homework from TutorChamps and improve your grades.

Financial Accounting Homework Help

Managerial accounting homework help, cost accounting homework help, tax accounting homework help, management accounting homework help, choose accounting homework help in your own way.

We provide accounting homework help in two ways so that you can avail of this service in your own way.

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Deadline Based Solutions

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Real-time Doubts Solving

Do you need someone who can assist you with your accounting homework problems in 1-on-1 sessions and clear your all doubts? At TutorChamps, you can book a live session as per your feasibility. Our tutors will guide you and clear all your doubts instantly to help you achieve higher grades. Try now!

Why TutorChamps Is The Best Choice For Accounting Homework Help?

With expert assistance, detailed explanations, and personalized study plans to help improve grades, TutorChamps offers students the support they need to understand and submit accounting assessments on time.

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A vast network of highly-skilled and experienced expert tutors.

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Get step-by-step explanations to understand the concepts better.

How It Works?

TutorChamps provides you with a simple and time-saving process to get accounting homework help that makes us unique and better than others.

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Submit Your Problems

Fill out the order form with your accounting homework problems and you'll be registered at TutorChamps. Once you've registered, our team will guide you for further details about your accounting homework. It’s that easy.

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Make the Payment

Get your accounting homework done without breaking the bank! Our team will quote you a fair price and once you agree with the price mentioned, you can pay quickly, without any hassle through the given payment link.

Learn with A+ Grades

Once your payment has been received, our experts will ensure that you receive the best, highest-quality solution and understanding possible, which will undoubtedly earn you an A+ in your accounting homework.

Still Wondering, Accounting Homework Help Service Is Fit For You Or Not?

Students across the world are taking accounting homework help and getting their doubts solved.

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Whether you have a deadline or a doubt in the middle of the night, TutoChamps is here to help you.

TutorChamp’s prices are effective and didn’t burn student’s pockets.

TutorChamps returns your money, if you are not satisfied with the solutions/understanding.

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Testimonials

Our students have been pleased with our accounting homework help and have willingly shared their testimonials and experiences.

get help with accounting homework

TutorChamps has been a game-changer for me in accounting. Their tutors are knowledgeable, patient, and supportive. They helped me with both basic and advanced accounting concepts, ensuring I had a strong foundation in the subject. Thanks to TutorChamps, I now excel in my accounting coursework!

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Looking For Help With Something Else In Your Academics?

At TutorChamps, we offer a variety of services to help you excel in your academic pursuits. Our expert tutors are available 24x7 to assist you in:

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Here, we have answered the most frequently asked questions from our students. If you have any further inquiries, please don't hesitate to reach out to us.

FAQs

What is accounting homework help?

Accounting homework help refers to the assistance and support provided by tutors or academic services, such as TutorChamps, to students who need guidance with their accounting assignments. It involves expert tutors offering explanations, solving problems, and providing step-by-step solutions to help students understand and complete their accounting homework successfully.

How can accounting homework help improve my grades?

Accounting homework help from TutorChamps can improve your grades by offering personalized support tailored to your needs. The experienced tutors at TutorChamps can clarify concepts, reinforce understanding, and provide guidance in problem-solving. By receiving expert assistance, you can develop a stronger grasp of the subject, enhance your skills, and achieve better results in your accounting assignments and exams.

Where can I find reliable accounting homework help services?

TutorChamps is a reliable source for accounting homework help. With a team of qualified and experienced tutors, TutorChamps offers comprehensive assistance to students in their accounting studies. Their reputation for delivering high-quality and reliable services makes them a trustworthy choice for students seeking accounting homework help.

Are the tutors providing accounting homework help qualified and experienced?

Yes, the tutors providing accounting homework help at TutorChamps are highly qualified and experienced. They possess expertise in accounting concepts, principles, and techniques. TutorChamps ensures that their tutors have the necessary qualifications and experience to deliver accurate explanations, guidance, and support to students in their accounting assignments.

How can accounting homework help enhance my understanding of the subject?

Accounting homework help from TutorChamps enhances your understanding of the subject through personalized guidance and support. The tutors at TutorChamps adapt their teaching methods to your learning style, explain complex concepts in a simplified manner, and provide examples and practical applications. This targeted approach fosters a deeper comprehension of accounting principles, improves problem-solving skills, and promotes a solid foundation in the subject.

Is accounting homework help available for both high school and college students?

Yes, accounting homework help from TutorChamps is available for both high school and college students. TutorChamps offers assistance to students at various educational levels, ensuring that the support provided aligns with the specific curriculum requirements and academic standards of high school and college accounting courses.

Can accounting homework help assist with both basic and advanced accounting concepts?

Absolutely! TutorChamps provides accounting homework help for both basic and advanced accounting concepts. Whether you need assistance with fundamental principles or more complex topics, the tutors at TutorChamps are well-versed in a wide range of accounting concepts. They can guide you through the basics and help you tackle advanced accounting concepts effectively.

Can accounting homework help services meet urgent assignment deadlines?

Yes, accounting homework help services from TutorChamps understand the importance of meeting assignment deadlines. They strive to provide timely assistance, including support for urgent assignments. TutorChamps has a team of tutors who can work efficiently and effectively to help you meet your urgent accounting homework deadlines without compromising the quality of the solutions provided.

Is accounting homework help confidential and plagiarism-free?

Confidentiality and academic integrity are paramount at TutorChamps. The accounting homework help provided by TutorChamps ensures confidentiality, meaning that your personal information and the details of your homework will be handled with the utmost privacy. Additionally, the solutions delivered are original and plagiarism-free, ensuring that the assistance you receive is authentic and in compliance with academic integrity standards.

How can accounting homework help services cater to different learning styles?

TutorChamps recognizes that students have diverse learning styles and preferences. Their accounting homework help services are designed to cater to different learning styles by providing a personalized approach. The tutors at TutorChamps adapt their teaching methods, explanations, and examples to match your unique learning style, ensuring that the assistance provided resonates with your individual needs and maximizes your understanding of accounting concepts.

Motivational Story

TutorChamps has started a new initiative to inspire its students by sharing real motivational stories. So that students can get that motivation which will help them to deal with personal problems and perform better in academics.

Luca Pacioli

Luca Pacioli was an Italian mathematician and Franciscan friar who lived in the 15th century. He is considered the father of modern accounting for his work in codifying accounting practices and principles.

Pacioli was born in Sansepolcro, Italy, and was trained in mathematics, theology, and accounting. He traveled throughout Italy, teaching and practicing accounting and mathematics.

In 1494, he published his famous work "Summa de Arithmetica, Geometria, Proportione et Proportionalità" (The Collected Knowledge of Arithmetic, Geometry, and Proportion), which was the first book to describe double-entry bookkeeping. This method, which involves recording each transaction in two separate accounts (debit and credit), is still used in accounting today.

Pacioli's work laid the foundation for modern accounting and helped to bring order and structure to the field. He was one of the first people to recognize the importance of keeping accurate financial records and to develop methods for doing so. His work helped to promote accountability and transparency in business and financial transactions.

Luca Pacioli faced several challenges in his life.

As a friar in the 15th century, Pacioli faced societal expectations that members of the clergy should focus on religious and theological pursuits, rather than scientific and mathematical ones. He faced resistance from some members of the clergy for his work in accounting and mathematics.

Pacioli faced limited resources for his work, including limited access to books and materials for research.

Despite his contributions to the field of accounting, Pacioli's work was not widely recognized or appreciated during his lifetime. It was only after his death that his work was widely adopted and his impact on the field of accounting was recognized.

Pacioli lived during a time of political instability and conflict, including the Italian Wars and the rise of the Ottoman Empire. This made it difficult for him to travel and spread his work.

Despite these challenges, Pacioli was driven by his passion for mathematics and accounting. He continued to work tirelessly to promote the importance of accurate financial record-keeping and to develop methods for doing so. His tenacity and dedication to his work led to significant improvements in the field of accounting and his legacy continues to inspire people today.

Pacioli's dedication and contribution to the field of accounting make him an inspirational figure for students and professionals in the field today. His legacy continues to inspire people to strive for accuracy, transparency, and professionalism in accounting practices.

Are you someone who is stuck on the journey of brilliance with no mentors to help you pass through? We at TutorChamps understand the importance of having a mentor when it comes to your studies, and making them more understandable and easy. Just to help students and scholars like you around the world, we are here to provide you with the perfect accounting homework help you need. TutorChamps is everything you will ever need to ace your accounting homework with no difficulty.

Understanding the Importance of Accounting Homework Help

Accounting is a fundamental subject that requires precision and accuracy. It involves recording, analyzing, and interpreting financial information to make informed business decisions. However, mastering accounting concepts and techniques can be overwhelming for many students.

At TutorChamps, we understand the difficulties students face when dealing with accounting assignments. Our dedicated team of experienced tutors is committed to helping you excel in your accounting studies. Whether you need assistance with basic bookkeeping or advanced financial analysis, we have the expertise to guide you through every step.

How TutorChamps Can Help You?

Our accounting homework helpers are highly qualified professionals with extensive knowledge in the field of accounting. They have years of experience and can provide you with the guidance and support you need to tackle even the most challenging accounting problems.

We believe in personalized learning. Our tutors tailor their teaching methods to match your unique learning style and pace. They will patiently explain complex concepts, ensuring you grasp the subject matter effectively.

Our tutors will walk you through the entire process of solving accounting problems. They will break down complex calculations and financial statements into easy-to-understand steps, enabling you to develop a strong foundation in accounting.

We understand that deadlines are crucial in academic life. With TutorChamps, you can receive instant accounting homework help whenever you need it. Our tutors are available round the clock to provide you with timely solutions, ensuring you never miss a submission deadline.

We prioritize your privacy and academic integrity. All the assistance provided by TutorChamps is confidential, and the solutions we deliver are 100% original and plagiarism-free.

Solve Your Accounting Homework Today

If you're feeling overwhelmed with your accounting homework, don't let it stress you out. Reach out to TutorChamps, and our accounting homework helpers will be more than happy to assist you. Our goal is to help you understand accounting concepts better and achieve the grades you desire.

Contact us today for instant accounting homework help. Whether you need help with basic concepts, complex calculations, or financial analysis, we are here to support you every step of the way.

TutorChamps Covers The Various Topics in Accounting Homework

At TutorChamps, we cover a wide range of topics in accounting homework to cater to the diverse needs of students. Our experienced tutors are well-versed in various areas of accounting and can provide comprehensive assistance. Here are some of the topics we cover:

Financial Accounting: This includes topics such as financial statements preparation, income statements, balance sheets, cash flow statements, and accounting principles.

Managerial Accounting: We can help you with cost analysis, budgeting, performance measurement, decision-making, and other managerial accounting concepts.

Tax Accounting: Our tutors can guide you through tax calculations, tax planning, tax laws, deductions, and other aspects of tax accounting.

Auditing: If you need assistance with auditing concepts, internal controls, risk assessment, or audit procedures, our tutors are here to help.

Forensic Accounting: We can provide guidance on fraud detection, investigation techniques, financial analysis, and other topics related to forensic accounting.

International Accounting: If you're studying international accounting standards, foreign currency transactions, or global accounting practices, our tutors can offer valuable insights.

Cost Accounting: We cover topics such as cost allocation, cost-volume-profit analysis, job costing, process costing, and cost behavior analysis.

Governmental Accounting: Our tutors can assist you with topics specific to governmental and non-profit accounting, including fund accounting and budgeting.

Financial Management: If you need help with financial analysis, capital budgeting, risk management, or financial decision-making, we have you covered.

Accounting Information Systems: We can guide you through topics related to the design, implementation, and control of accounting information systems.

Please keep in mind that this is not an exhaustive list. Our tutors are highly skilled and can help you with a wide range of accounting topics. If you have a specific area of accounting homework that you need assistance with, feel free to reach out to TutorChamps, and we'll be happy to provide the support you need.

Students At Any Stage Can Benefit From Accounting Homework Help

Accounting homework help from TutorChamps can benefit various stages of students who may require additional support and guidance in their accounting studies. Here are some stages of students who can benefit from our accounting homework help:

Struggling Students: Students who find accounting challenging or overwhelming can greatly benefit from our accounting homework help. We provide personalized assistance to help them understand difficult concepts, improve their problem-solving skills, and boost their overall confidence in the subject.

Busy Students: Students who juggle multiple responsibilities such as part-time jobs, extracurricular activities, or family commitments may struggle to find enough time to focus on their accounting homework. Our accounting homework help offers them the convenience of accessing expert guidance and support whenever they need it, helping them manage their time effectively.

High-Achieving Students: Even high-achieving students can benefit from accounting homework help to maintain their academic excellence. Our tutors can provide them with advanced explanations, challenging assignments, and additional resources to further enhance their understanding and skills in accounting.

English as a Second Language (ESL) Students: ESL students may face language barriers when studying accounting, as the subject involves technical terminology and complex concepts. Our tutors can offer clear explanations, simplify explanations when needed, and provide support tailored to the language proficiency of ESL students, helping them overcome language challenges and excel in their accounting studies.

Exam Preparation Students: Students who are preparing for accounting exams, whether it's a class test, a standardized accounting exam, or professional certification exams, can benefit from our accounting homework help. Our tutors can provide targeted guidance, practice questions, and exam strategies to help students perform their best in exams.

Students Needing Concept Reinforcement: Some students may have grasped accounting concepts in class but require reinforcement and practice to solidify their understanding. Our accounting homework help can provide them with additional exercises, examples, and explanations to strengthen their conceptual knowledge and improve their problem-solving abilities.

Students Needing Help with Specific Topics: Students who are struggling with specific topics or subtopics within accounting can benefit from our specialized assistance. Our tutors can focus on those areas, providing in-depth explanations, relevant examples, and step-by-step guidance to help students overcome their difficulties.

No matter at what stage you are, TutorChamps is committed to providing comprehensive accounting homework help tailored to your specific needs. Our experienced tutors can identify your challenges, address your concerns, and offer personalized guidance to help you succeed in your accounting studies.

Why is Taking Homework Help in Accounting Important for Students?

There are several reasons why it is important for students to seek homework help in accounting. Here are some key reasons why students should consider seeking accounting homework help:

Understanding Complex Concepts: Accounting involves intricate principles and concepts that can be challenging to grasp. By seeking homework help, students can receive explanations and guidance from experienced tutors who can simplify complex topics, provide real-life examples, and break down concepts into manageable parts. This enhances students' understanding and promotes a deeper comprehension of accounting principles.

Improving Problem-Solving Skills: Accounting homework help allows students to practice problem-solving skills in a structured manner. Tutors can provide step-by-step solutions and guide students through the process of solving accounting problems. This helps students develop analytical thinking, logical reasoning, and critical decision-making abilities, which are crucial skills in the field of accounting.

Clarifying Doubts: Students often encounter doubts and questions while working on accounting homework. Seeking help from tutors allows students to clarify their doubts promptly. Tutors can address specific queries, provide clarifications, and offer additional examples to ensure that students have a clear understanding of the concepts being covered.

Gaining Confidence: Accounting homework help can significantly boost students' confidence in their ability to tackle accounting assignments. By receiving guidance and support, students can approach their homework with a greater sense of self-assurance. This confidence extends beyond homework and can positively impact students' performance in exams and overall academic progress.

Time Management: Accounting homework help can assist students in managing their time effectively. With the support of tutors, students can optimize their study schedules, allocate time for specific assignments, and complete their homework within deadlines. This fosters good time management habits and reduces stress associated with overwhelming workloads.

Achieving Higher Grades: By receiving accounting homework help, students can enhance their understanding of the subject, improve their problem-solving skills, and gain valuable insights from experienced tutors. This can lead to improved performance in accounting assignments, projects, and exams, ultimately resulting in higher grades and academic success.

Building a Strong Foundation: Accounting is a foundational subject for various careers, including finance, business management, and entrepreneurship. By seeking homework help, students can build a solid foundation in accounting principles, which will serve as a strong base for future studies and professional pursuits.

Overall, accounting homework help plays a vital role in supporting students' learning, strengthening their skills, and promoting academic success in the field of accounting. It provides personalized guidance, fosters conceptual understanding, and instills confidence, ultimately empowering students to excel in their accounting studies.

How TutorChamps Fulfills the Demand of Students in Accounting Homework?

TutorChamps is committed to fulfilling the requirements of students in accounting homework through a range of services tailored to their needs. Here's how TutorChamps meets the requirements of students in accounting homework:

Expert Tutors: TutorChamps employs highly qualified tutors with expertise in accounting. They have in-depth knowledge of accounting concepts, principles, and techniques. These tutors are well-equipped to provide accurate explanations, guide students through complex problems, and offer valuable insights to enhance students' understanding of accounting.

Customized Approach: TutorChamps understands that each student has unique learning styles and preferences. Therefore, tutors adopt a personalized approach to address the specific requirements of individual students. They adapt their teaching methods, pace, and examples to match the student's learning style, ensuring maximum comprehension and engagement.

Comprehensive Coverage: TutorChamps covers a wide range of accounting topics and subtopics. Whether it's financial accounting, managerial accounting, taxation, auditing, or any other area of accounting, TutorChamps offers assistance across various concepts and levels of difficulty. This comprehensive coverage ensures that students can receive support in any aspect of their accounting homework.

Step-by-Step Guidance: Tutors at TutorChamps provide step-by-step guidance to help students approach their accounting homework systematically. They break down complex problems into manageable steps, enabling students to understand the logic and process involved. This approach promotes a deeper understanding of accounting concepts and helps students build problem-solving skills.

Practice and Application: TutorChamps emphasizes the importance of practice and application in mastering accounting concepts. Tutors provide additional practice problems and exercises to reinforce learning. By applying their knowledge to practical scenarios, students develop the skills needed to apply accounting principles in real-world situations.

Timely Assistance: Meeting deadlines is crucial in academic life. TutorChamps ensures that students receive timely assistance with their accounting homework. Tutors are available to provide support whenever students need it, helping them complete their assignments on time and avoid unnecessary stress.

Confidentiality and Originality: TutorChamps prioritizes confidentiality and academic integrity. Students can trust that their accounting homework help is confidential, and that the solutions provided are original and plagiarism-free. This ensures that students can submit their work with confidence and maintain the highest standards of academic honesty.

By addressing the requirements of students in accounting homework with their expert tutors, personalized approach, comprehensive coverage, step-by-step guidance, timely assistance, and commitment to confidentiality and originality, TutorChamps strives to provide high-quality support to students in their accounting studies.

Does TutorChamps Provide Last-Minute Assistance With Accounting Homework?

Yes, TutorChamps provides accounting homework help for urgent deadline assignments. They understand that students may sometimes have deadlines to meet and require immediate assistance. TutorChamps strives to offer timely support to ensure that students can complete and submit their accounting assignments on time.

With TutorChamps, you can count on receiving prompt assistance for your urgent accounting homework needs. Their team of experienced tutors is available to provide guidance, explanations, and solutions whenever you require them. Whether you have a last-minute assignment or need help with a complex problem that requires immediate attention, TutorChamps is committed to helping you meet your deadlines.

By reaching out to TutorChamps for urgent accounting homework help, you can receive the support you need, even in time-sensitive situations. Their tutors are dedicated to providing timely assistance and ensuring that you have the resources and guidance necessary to complete your assignments successfully.

Can Someone Do My Accounting Homework For Me? Yes, TutorChamps Here!

Yes, TutorChamps can assist you with your accounting homework. Our team of experienced tutors is here to provide the support you need to successfully complete your assignments. Whether you're facing difficulties with complex concepts, struggling with time constraints, or simply need guidance in solving accounting problems, TutorChamps is ready to help.

When you request accounting homework assistance from TutorChamps, our tutors will work with you to understand the specific requirements of your assignments. They will provide step-by-step explanations, guide you through the problem-solving process, and ensure that you have a clear understanding of the concepts involved.

However, it's important to note that TutorChamps is committed to promoting academic integrity. While we can provide you with the necessary guidance and assistance to tackle your accounting homework, it is essential that you actively engage with the material and take ownership of your learning. Our aim is to support your academic growth and help you develop the skills and knowledge required in the field of accounting.

So, if you're looking for help with your accounting homework, TutorChamps is here to assist you every step of the way. Reach out to us with your specific requirements, and we'll provide you with the necessary support to excel in your accounting studies.

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Online Accounting Sources to Easily Complete Your Homework

accounting homework help

Accounting is one of those subjects that seem easy in theory, but rather mind-boggling in practice. This article will provide a brief review of accounting as a subject and a comprehensive list of great free sources that will help you with accounting homework.

Why you might need help solving accounting problems

Accounting is by no means a rocket science. Just take a look at the amount of accounting firms and number of rocket scientists. You may face difficulties with your accounting homework because:

  • There are many rules to remember and apply
  • You have not enough knowledge of accounting standards and concepts
  • You have not enough experience applying standards and rules
  • It is difficult to keep track of all the numbers and items

Overall, it is normal if your accounting homework is challenging. And yes, it will get easier. Practice makes perfect, but even more so if you understand the theoretical basis of accounting and its concepts.

What is accounting, bookkeeping, and principles of accounting?

Accounting implies measurement, processing, and communication of financial information about economic entities. While studying accounting, remember that economic entity is not only a for-profit business or a company, but federal agencies, not-for-profit organizations, and municipalities as well.

On the contrary, bookkeeping is all about keeping track of financial operations of an economic entity by recording financial transactions. While bookkeepers can prepare trial balance sheets and ledgers, accountants focus on preparing income statements and balance sheets using the trial balance and ledgers previously prepared by bookkeepers.

It is also useful to know that accounting standards differ depending on the nation and domestic accounting regulation.

For instance, in the United States the set of accounting standards that firms have to apply while preparing their financial statements is referred to as GAAP, or Generally Accepted Accounting Principles. In China, there are Chinese Accounting Standards, in the United Kingdom there is Generally Accepted Accounting Practice, and in India – Indian Accounting Standards. International firms ca use IFRS,  International Financial Reporting Standards.

Time to reveal the ultimate 5 free sources to get accounting help from!

Top 5 free sources to get online accounting homework help 

Accounting coach.

Accounting Coach

On this website, you will find detailed explanations and theory of accounting categorized into three major groups, namely bookkeeping, financial accounting, and managerial accounting. Disregard the “PRO features” button on the top – this resource has got plenty of free stuff to use, without registration or subscription. Pick and choose any topic you’re interested in, read explanations, take quizzes, read Q&As, and even solve crossword puzzles in accounting for free!

Advantages of this source:

  • Easy to navigate
  • Free quizzes
  • Division by bookkeeping, financial accounting, and managerial accounting
  • Alphabetical or suggested sorting of topics
  • Mobile-friendly
  • Trustworthy – been around for a while
  • Fun options like crossword puzzles

Beginner Bookkeeping

Beginner Bookkeeping

This source is all about bookkeeping, which is recording all transactions whenever they occur. Bookkeeping is surely the basis for accounting and understanding how bookkeeping works is the key step to success in accounting. This site contains not only a full vocabulary of bookkeeping terms, but free quizzes and tests in bookkeeping as well as theoretical explanation of how bookkeeping is organized.

  • Shows practical value of accounting
  • Free downloadable bookkeeping forms
  • Examples of bookkeeping transactions
  • Downloadable bookkeeping tests with answers
  • Contains bookkeeping articles

Accounting World

Accounting World

This website is an awesome online source for students who want to learn accounting and solve their accounting homework. Simply find your topic by entering keywords in the top right corner or browse the list of topics. Explanations are simple, easy to comprehend, and to the point. You won’t be able to read whole passages to get one definition here – it will be just one sentence. Accounting-World also has free multiple-choice question tests to check yourself, slides, videos, formulas, and accounting abbreviations that will come in handy for a student!

  • User-friendly interface
  • Only to the point theoretic explanation
  • Tests to check your knowledge
  • Abbreviations
  • Answers to accounting questions
  • Search by keywords

Double Entry Bookkeeping

Double Entry Bookkeeping

This website will help you with not only bookkeeping, but both financial and managerial accounting as well. This source contains tutorials, templates, examples, quizzes, and calculators to help you solve your accounting homework. Need to know what the rule of 72 is or struggling with calculating working capital? Just enter the keywords in the search bar and the source will find relevant articles. You will also find a comprehensive accounting glossary here, which is useful if you need to learn some terms.

  • Available templates
  • In-depth explanations of theory
  • Transaction examples
  • Available accounting calculators
  • Comprehensive glossary
  • Easy to browse in mobile browsers

Investopedia

Investopedia

Investopedia is a great source that is rarely mentioned among accounting homework help tools. It is an oldie but a goodie due to its outstanding database of accounting articles, especially financial and management accounting. To find relevant content, enter keywords into the search bar in the top right corner of the website. Using Investopedia also means having access to theory explanations, examples, and videos that explain concepts. It is also especially useful for learning how to calculate and evaluate different financial ratios in management accounting.

  Advantages of this source:

  • Articles are linked together – the majority of terms and concepts have individual articles and they are linked wherever they are used for your convenience
  • Many articles contain examples with explanations
  • Video explanations
  • “Related terms” section below each article will help you find even more info
  • To the point explanations
  • Guidelines on how to calculate and evaluate financial ratios

Additional tips for completing accounting homework for students

  • Make sure to research concepts and terms for better understanding of theory
  • Browse examples and tutorials
  • If you’re doing calculations, make sure to keep track of numbers because typing errors are hard to find and they can ruin your work. If it is a draft, use highlighters to mark key numbers and interim amounts
  • Use arrows and lines to link numbers and understand where they come from, especially in formulas

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Type the title of the task you’re struggling with, your course name and the deadline. A tutor can help you solve any task in accounting.

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FAQ - Frequently Asked Questions

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The delivery time for your accounting homework solution can vary depending on the complexity and requirements of your assignment. However, we strive to provide solutions as swiftly as possible, often within hours for urgent requests. Our goal is to ensure you meet your deadlines without compromising on quality or accuracy.

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MyHomeworkHelp: Top Accounting Homework Help Service

Accounting homework can be a daunting task, with numerous calculations, figures, and complex problems involved that can leave you feeling overwhelmed. Over the years, there has been a significant trend where students are turning towards online accounting homework helpers for help with their homework, often with requests like “do my accounting homework for me”. MyHomeworkHelp is one of the leading providers of best assignment help with accurate solutions while maintaining confidentiality. Whether you prefer your accounting solutions to be meticulously hand-written or precisely formatted in an Excel sheet, we’ve got you covered. Our flexible service at myhomeworkhelp ensures that your specific requirements are met with the highest standards of accuracy and presentation.

Unlock the secrets to mastering accounting with myhomeworkhelp.com, where accessing professional accounting homework help is just a click away. Our services are structured to deepen understanding of financial accounting concepts, enabling students to tackle complex assignments with confidence.

Types of accounting assignments we can assist

Accounting homework encompasses a diverse range of specializations, each with its distinct focus. At myhomeworkhelp, our team of expert accountants is equipped to assist you with every type of homework and project you may encounter. Our college accounting homework help services are designed to cover a wide array of critical topics to support college students. We provide services in the following areas:

  • Financial Accounting Homework Help – Struggling to navigate through your financial accounting homework? This field often encompasses dealing with financial transactions, tackling bookkeeping exams, and the meticulous analysis of bills of exchange or software models based on bank reconciliations. Given the intricate nature of financial accounting, seeking assistance is a practical choice. At myhomeworkhelp, we provide expert online financial accounting homework help designed to clarify the complexities of balance sheets, income statements, and cash flow statements. Our services extend to guiding you through the preparation and analysis of these crucial financial statements. Moreover, for those needing in-depth understanding and support in financial analysis, our dedicated financial analysis homework help ensures you grasp the essentials of evaluating financial data effectively.
  • Managerial Accounting – This field of accounting encompasses the creation of complex financial statements, in-depth capital budgeting analysis, and the assessment of business investments. Such tasks are not only challenging but also demand a significant amount of time. This is precisely where our specialized assistance becomes invaluable. Our managerial accounting homework help offers expert guidance on everything from budgeting and cost analysis to formulating decision-making strategies, ensuring you can navigate these complexities with confidence.
  • Cost Accounting – Cost accounting is a vital area that extends beyond mere number crunching, requiring strategic application to enhance business operations. This discipline is essential for analyzing and allocating costs efficiently to products or services, presenting both popularity and challenges among finance and accounting students. Our online cost accounting homework help , supported by certified U.S. CPAs, aims to help with the intricacies of cost behavior, direct and indirect costs, overhead allocation, and effective cost allocation methods. 
  • Tax Accounting – Navigating the complexities of tax accounting, especially if you’re majoring in Law or dealing with the intricacies of taxation, can often feel overwhelming. Whether it’s grappling with inflation issues, understanding the bulk taxing system, or deciphering tax legislation, our team is equipped to provide comprehensive assistance in this crucial field.

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  • Our Expertise: Our accounting homework helpers boast more than ten years of industry experience and include certified CPAs. Their background makes them exceptionally qualified to handle your accounting assignments and provide accurate and reliable solutions accounting assignment.
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  • Better understanding : Our experts can explain the accounting concepts and calculations in a way that is easy to understand, helping you to improve your understanding of the accounting coursework.

Your reasons to choose My Homework Help

MyHomeworkHelp is an online learning platform that facilitates students to achieve academic excellence in subjects like accounting. If you find yourself thinking, “I need someone to do my accounting homework ,” look no further. Our platform not only enhances your understanding of any accounting topic but also plays a crucial role in elevating your exam preparations to secure top grades.

Connect with our expert accounting tutors from the comfort of your own home, anytime, anywhere with our convenient online tutoring platform. Schedule sessions at your convenience and review recorded sessions for extra support.

Pay for accounting homework - Your Benefits

If you’re wondering why you should pay someone to do your accounting homework , consider the benefits you’ll reap.

Benefits of Paying for Your Homework

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Why Students Request Accounting Assignment Help

Several reasons prompt students to look for help:

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Why students ask us do my accounting homework?

The reasons why students seek our online accounting assignment help are multifaceted. Largely, it lies in the complexity of its concepts and calculations, as well as the pressure to adhere to tight deadlines.

Many students grapple with principles such as cash control, cash disbursement and receipt, and bank reconciliation among others. Then we have a larger aspects like taxation, a crucial component that requires a solid understanding of how financial obligations imposed by authorities like governments, affect individuals or organizations.

And let’s not forget the pressure of deadlines. Many students face numerous tasks and responsibilities that consume their time. Online assignment help provides relief and allows them to focus on other vital areas without sacrificing the quality of their work.

Remember, asking us to do my accounting homework  isn’t a sign of weakness. Instead, it’s a step towards smarter studying.

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To receive your accounting homework solution promptly with MyHomeworkHelp, simply visit our website and start a conversation with our customer support by asking, “Is there someone to do my accounting homework?” You can also outline your assignment details using our online form .

When the time comes that you find yourself in need of assistance and think, “I need help with my accounting assignment,” remember to be as specific as possible with your requirements. Providing comprehensive details like the deadline, the total number of pages needed, and any specific grading criteria or rubric directly on the order form will greatly assist us in delivering the precise support you’re seeking. This level of detail ensures that our expert team can align closely with your academic goals, offering customized help that directly addresses the challenges you’re facing with your accounting assignment.

Rest assured, your privacy and the security of your personal data are paramount to us at MyHomeworkHelp. We steadfastly guarantee complete confidentiality, ensuring that your use of our service remains entirely private. Your information is securely guarded and never shared with any third parties. Additionally, we offer revision and refund policies to safeguard your interests, providing peace of mind and protection against any unforeseen circumstances. Your trust in our service is backed by our commitment to your security and satisfaction.

Accounting Homework Help

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Students are not aware of the difficulties that they have to face while studying accounting. It is a true challenge for most business students.

At StudyGate our accounting homework help is made to understand your needs and make sure you are set up for success. Our accounting tutors ensure you understand concepts, know-how to apply them in your assignments, and are ready for any challenges that may come your way – either in an exam or in-class assignments.

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We make learning fun. Straight from top universities like Stanford, Caltech, and NYU, our accounting tutors have the talent and personality to help students with their online accounting assignments. Our Studygate program is designed to fit your busy schedule, accounting homework help can be booked at your own pace, in your time zone.

Accounting plays a vital role in running a business and provides vital information regarding cost and earnings, profit and loss, liabilities and assets for decision making, planning, and controlling. This means that your accounting homework is important for your academic success. Whether you’re a business student seeking more broad accounting help in finance or managerial accounting or an accounting major pursuing a CPA career, an online accounting tutor will help you meet your goals.

Accounting Homework Help FAQs

How do I know accounting homework help will boost my grades?

Our risk-free guarantee was made to be sure you are 100% satisfied. We are committed to student success. In order to ensure our customers are 100% satisfied with the tutoring services StudyGate provides, we back our services up for complete satisfaction.

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Our accounting tutors take a one-to-one approach to be sure the student’s question and the way they learn and understand is unique to them and resulting in not only academic but social and emotional growth as well. Our tutors are solution-driven and start with the foundation and build on the concepts prior to reviewing specific subject questions. 

How important is time management in accounting homework? 

With an already intense school workload, students will find that their free time is limited. Studying accounting requires that students set aside time for homework or studying each night and plan around their classes. Our accounting tutors can work around your schedule 24/7 – we know students study at all times of the day.

What are some of the topics tutors cover while helping with accounting homework?

Accountancy is a profession that relies heavily on academic achievement for students to be successful in their professional career. Our accounting tutors cover topics ranging from: financial statement analysis, legal compliance, tax return preparation, financial record maintenance, management consultation, financial advisement, audit companies and seek ways to reduce cost and increase profits and uncover and prosecute fraud

Does it matter where I live in order to get accounting help?

No, we help students all over the world. Our tutors focus on the U.S. education system and guidelines and our approach has helped finance students beyond North America. We encourage everyone to be part of the StudyGate program.

Financial Accounting

Homework help & tutoring.

Financial Accounting

Our name 24HourAnswers means you can submit work 24 hours a day - it doesn't mean we can help you master what you need to know in 24 hours. If you make arrangements in advance, and if you are a very fast learner, then yes, we may be able to help you achieve your goals in 24 hours. Remember, high quality, customized help that's tailored around the needs of each individual student takes time to achieve. You deserve nothing less than the best, so give us the time we need to give you the best.

If you need assistance with old exams in order to prepare for an upcoming test, we can definitely help. We can't work with you on current exams, quizzes, or tests unless you tell us in writing that you have permission to do so. This is not usually the case, however.

We do not have monthly fees or minimum payments, and there are no hidden costs. Instead, the price is unique for every work order you submit. For tutoring and homework help, the price depends on many factors that include the length of the session, level of work difficulty, level of expertise of the tutor, and amount of time available before the deadline. You will be given a price up front and there is no obligation for you to pay. Homework library items have individual set prices.

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Financial accounting is the process of summarizing, analyzing and reporting a company's financial transactions. This information is typically reported in financial statements like balance sheets, income statements and cash flow statements to summarize the company's finances over a specified period. Third-party stakeholders like banks, tax authorities and financial regulators who need information about the company's financial status typically request these reports to make informed decisions.

There are many potential career paths for college students pursuing a degree in financial accounting, including:

  • Financial analyst
  • Financial manager
  • Certified public accountant (CPA)

When you study financial accounting in college, you'll learn traditional accounting principles and how to apply them to business financial transactions. Whether you're learning basic theories or taking an advanced accounting course, the highly qualified tutors at 24HourAnswers can help as you navigate various accounting concepts. They lend their expertise to help you with accounting homework and succeed in your financial accounting courses.

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24HourAnswers can help you with all your financial accounting homework needs. We offer one-on-one tutoring sessions and accounting homework help from professionals with advanced degrees and hands-on experience in the field. 

Financial Accounting Tutoring Sessions

Request a live, online tutoring session with one of our expert financial accounting tutors to get personalized academic support on the topics you're struggling with. We use state-of-the-art whiteboard technology to facilitate a highly productive tutoring session. It offers audio, video, desktop sharing and file upload capabilities to ensure an engaging, interactive learning experience.

We recommend uploading any relevant materials like study guides or old quizzes ahead of your session so your tutor can review your materials in advance. They will tailor their instruction to address your specific challenges and learning style.

Financial Accounting Homework Help

If you're struggling with an assignment, our tutors can also provide accounting homework help. They'll give you specific examples and information related to your assignment's topic to help you gain a better understanding of the material. You can use their feedback to craft original, detailed solutions to virtually any financial accounting homework question you submit. 

You can also search our Homework Library to find financial accounting homework questions and answers. This database of solved problems is the perfect resource when you're short on time or simply prefer to explore the topics on your own.

Financial Accounting Topics

Our tutors can help you with a range of financial accounting-related topics, including:

  • Corporate finance: Corporate finance examines how corporations deal with capital structuring, funding and investment decisions.
  • Bookkeeping: Bookkeeping is the process of recording a company's financial transactions on a regular basis.
  • Auditing: Auditing is the formal examination of a company's financial records to determine their accuracy.
  • Financial statement analysis: Financial statement analysis involves extracting and interpreting information from income statements, balance sheets and other financial statements.

What Makes 24HourAnswers a Top Accounting Homework Help Service?

24HourAnswers provides fast, reliable financial accounting help for collegiate-level learners. Unlike other online services that employ mainly college students, we partner with accounting tutors who are experts in their field — many of our team members hold advanced degrees and positions at prominent companies and universities. With our tutors' expertise, you'll develop an understanding of financial accounting on a deeper level. 

We have financial accounting tutors available 24/7 to help with your homework. Once you submit your request, you'll hear from a tutor promptly, sometimes within just a few minutes. They'll provide a fair, transparent quote based on how long they expect your request to take. There are no minimum payments or monthly fees associated with our services, and you don't have to pay anything until you're sure you want to move forward with your quote. 

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24HourAnswers is a top online accounting tutoring company. We've helped more than a million students develop a functional understanding of academic concepts, and we maintain a student satisfaction rating of 99.5%.

If you need expert support as you work through a financial accounting course, request a live tutoring session or homework help today. Simply enter your request, upload your documents and specify a due date. If you haven't worked with us before, you can quickly and easily create an account to get started. 

To fulfill our tutoring mission of online education, our college accounting homework help and online tutoring centers are standing by 24/7, ready to assist college students who need homework help with all aspects of financial accounting. Our business tutors can help with all your projects, large or small, and we challenge you to find better financial accounting tutoring anywhere.

College financial accounting homework help.

Since we have tutors in all Financial Accounting related topics, we can provide a range of different services. Our online Financial Accounting tutors will:

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With these capabilities, our college Financial Accounting tutors will give you the tools you need to gain a comprehensive knowledge of Financial Accounting you can use in future courses.

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Our tutors are just as dedicated to your success in class as you are, so they are available around the clock to assist you with questions, homework, exam preparation and any Financial Accounting related assignments you need extra help completing.

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Popular Subjects for Accounting Homework Help

  • Corporate Accounting
  • Capital Markets Research In Accounting
  • Cost Accounting
  • Financial Accounting
  • Intermediate Accounting
  • Partnership Accounting
  • Quantitative Techniques In Planning And Control
  • Survey Of Accounting
  • Transfer Pricing

Recently Asked Accountancy Questions

  • Q 1 : Extra Credit (10 pts): On January 1, 2014, Cassandra Incorporated paid $300,000 for 60% of Hecuba Company's outstanding capital stock. Hecuba reported common stock on that date of $250,000 and retained earnings of $100,000. On that date, • Hecuba's equipment with a 5-year remaining life was undervalued by $10,000; • Hecuba's buildings with a 10-year remaining life was undervalued by $60,000; • Any remaining fair value/book value differential is allocated to goodwill. The income statements for the year ended December 31, 2014 of Cassandra and Hecuba are summarized below: Sales Income from Hecuba Cost of sales Depreciation equipment Depreciation - buildings Net Income Cassandra I/S Hecuba I/S $1,000,000 $400,000 Hecuba's net income and dividends paid the first two years that Cassandra owned them are shown below. Net Income Dividends paid $80,000 $30,000 10,000 2014 2015 a. b. d. MUST SHOW your calculations for: 43,200 (400,000) (120,000) (200,000) $323.200 Required: 1) Prepare a schedule to assign the difference between the fair value of the investment in Hecuba and the book value of the interest to identifiable and unidentifiable net assets AND to amortize identifiable net assets for each of the two years. (200,000) (40,000) (80.000) $80,000 90,000 Total excess over book value calculation (both implied value and book value of 100% Hecuba) Assigned amounts for identifiable net assets and goodwill Amortization expenses for 12/31/14 AND unamortized excess on 12/31/14 Amortization expenses for 12/31/15 AND unamortized excess on 12/31/15 See Answer
  • Q 2 : What is the amount of gross accounts receivables and the allowance for doubtful accounts for both 2019 and 2018? What is a bit unusual about the relationship between these numbers between years? PAST P STARBUCKSⓇ Fiscal 2019 Annual Report ALSACIA Starbucks Visitors Center at Hacienda Alsacia, Costa Rica UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended September 29, 2019 or □ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Washington (State of Incorporation) Title of Each Class Common Stock, $0.001 par Large accelerated filer Emerging growth company For the transition period from value per to Commission File Number: 0-20322 Starbucks Corporation (Exact Name of Registrant as Specified in its Charter) 2401 Utah Avenue South, Seattle, Washington 98134 (206) 447-1575 91-1325671 (IRS Employer ID) (Address of principal executive office, zip code, telephone number) Securities Registered Pursuant to Section 12(b) of the Act: Trading Symbol SBUX share Securities Registered Pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and "emerging growth company" in Rule 12b-2 of the Exchange Act. Accelerated filer Name of Each Exchange on Which Registered Nasdaq Global Select Market Non-accelerated filer Yes x No Yes No 冈 Smaller reporting company If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No X The aggregate market value of the voting stock held by non-affiliates of the registrant as of the last business day of the registrant's most recently completed second fiscal quarter, based upon the closing sale price of the registrant's common stock on March 31, 2019 as reported on the NASDAQ Global Select Market was $89.8 billion. As of November 8, 2019, there were 1,181.0 million shares of the registrant's Common Stock outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive Proxy Statement for the registrant's Annual Meeting of Shareholders to be held on March 18, 2020 have been incorporated by reference into Part III of this Annual Report on Form 10-K. Item 1 Item 1A Item 1B Item 2 Item 3 Item 4 Item 5 Item 6 Item 7 Item 7A Item 8 Item 9 Item 9A Item 9B Item 10 Item 11 Item 12 Item 13 Item 14 Business Risk Factors Unresolved Staff Comments Properties Legal Proceedings Mine Safety Disclosures STARBUCKS CORPORATION Form 10-K For the Fiscal Year Ended September 29, 2019 TABLE OF CONTENTS PART II Market for the Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities Selected Financial Data PART I Management's Discussion and Analysis of Financial Condition and Results of Operations Quantitative and Qualitative Disclosures About Market Risk Financial Statements and Supplementary Data Index for Notes to Consolidated Financial Statements Report of Independent Registered Public Accounting Firm Changes in and Disagreements with Accountants on Accounting and Financial Disclosure Controls and Procedures Other Information PART III Directors, Executive Officers and Corporate Governance Executive Compensation Item 15 SIGNATURES Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters Certain Relationships and Related Transactions, and Director Independence Principal Accounting Fees and Services Exhibits, Financial Statement Schedules PART IV 2 9 17 17 17 17 18 20 23 43 44 49 84 86 86 88 89 89 89 89 89 90 97 See Answer
  • Q 3 : Listed as follows are nine technical terms used in this chapter. Liquidity Adequate disclosure Income Summary Nominal accounts After-closing trial balance Interim financial statements Real accounts Closing entries Dividends Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the accounting term described, or answer "None" if the statement does not describe any of the items. a. The accounting principle intended to assist users in interpreting financial statements. b. A term used to describe a company's ability to pay its obligations as they come due. C. A term used in reference to accounts that are closed at year-end. d. e. A term used in reference to accounts that are not closed at year-end. A document prepared to assist management in detecting whether any errors occurred in post- ing the closing entries. f. A policy decision by a corporation to distribute a portion of its income to stockholders. g. The process by which the Retained Earnings account is updated at year-end. h. Entries made during the accounting period to correct errors in the original recording of com- plex transactions. See Answer
  • Q 4 : 5 . 10 Compute and discuss briefly the significance of the following measures as they relate to Save-A- Lot Supplies. a. Net income percentage in current year. b. Return on equity in current year. c. Working capital on December 31, current year. d. Current ratio on December 31, current year. See Answer
  • Q 5 : Sprinkles Ice Cream Shoppe Please read the instructions carefully. A new client of yours, Lilly Waters wants to open an ice cream shop near the downtown shopping center. She will sell ice cream cones or in a cup, shakes, sundaes, and soda.Her grand opening will be September 30, 2020. The name of her business is Sprinkles!You, as an independent consultant, have been hired to develop a cash pro forma budget for her business venture (note: this is a spreadsheet that helps forecast income and expenses over a period of time). It used to plan for and manage the business if done correctly. Assignment:Using Microsoft Excel, construct a monthly proforma cash budget for your client for the first year of operations.Use the file attached Excel Template - "Sprinkles" as your starting point. Download and use this file as the basis for your assignment. Do not make any changes to this pre-defined template items (this means start with the items that already included and that are expected in the spreadsheet). You may add your information to the existing sheets. You may add extra worksheets as needed as well update the template.Do not use a template from a previous semester – this is academic dishonesty and will be subject to disciplinary action.Place the finished cash pro forma on a worksheet labeled "Cash Pro Forma".Place all your case assumptions data on a separate worksheet. Label the worksheet"Assumptions" (note: each piece of data must appear in its own cell on the Assumption sheet).Place your start-up costs on a third worksheet labeled "Startup Costs"Create two additional worksheets for your recommendations. You will choose 2 of the 3 recommendations defined at the end of this document. Label one worksheet "Specialty Desserts" (this will include: Banana Splits, Double Delight Brownie Fudge and Molten Lava Spectacular), or "Ice Cream Cakes" or Iced Coffee.• Appropriate Charts (graphs): You will be creating two separate charts so create and label two additional worksheets for the charts (each chart will be in its own worksheet). Chart One -"Monthly Product Revenue" – this will show the monthly revenue for each of your five products for the entire year.Chart Two – "Total Product Net Income" - You want to track the total product net income for the year to determine any trends or projections in product sales.Make sure both charts are formatted correctly (i.e. appropriate title, legend where appropriate, data series properly labeled) and they are appropriate for business use. Information needed to complete assignment:Sugar cones, milkshakes, sundaes, toppings, soda and bottle water. Product Selling Prices:I scoop Cup or Sugar Cone - $2.252 scoops Cup or Sugar Cone - $3.253 scoops Cup or Sugar Cone - $4.25 I scoop Sugar Cone - $2.252 scoops Sugar Cone - $3.253 scoops Sugar Cone – $4.25 Small Shake – $2.95 Medium Shake - $3.75 Large Shake – $4.50 Small Sundae (1 topping) - $2.55 Medium Sundae (1 topping) - $3.55 Large Sundae (1 topping) - $4.65 Additional topping: .50 per topping Soda -$1.25 a bottle Bottled Water - $1.00 a bottle Cost of Goods Sold:Ice Cream Cones (Ice cream ingredients and cone) cost $1.10 for 1 scoop and .20 cents extra for each additional scoop Ice cream Cups (Ice cream ingredients and cup) cost $1.25 and .20 cents per extra for each additional scoop Small Shake cost $1.40 Medium Shake cost $1.55 Large Shake cost $1.75 Small Sundae cost $1.201 Medium Sundae cost $1.50 Large Sundae cost $1.75 Additional Toppings cost $.10 Sodas cost about $.7 per 16 oz. bottle Water cost $.6 per 16 oz bottle The building rent is $2500 per month.Phone will cost about $100 per month. Electricity should cost about $800 a month.Insurance will be $850 a month.Advertising and promotion will be $500 a month. Operating Hours:Sprinkles will be open seven days a week.Sprinkles will serve ice cream products all day and will be open from 11 am – 8 pm on weekdays (Monday – Thursday, Sunday).Friday Saturday 11 am – 11 pm Employees:Two hourly employees on Friday, Saturday and Sunday.One hourly employee needed during Monday - Thursday.Either an assistant manager or manager is required during the Sprinkles Operating hours.Your client will be the manager and draw a salary of $35,000 per year (including benefits). She will work during the busiest times and fill in for the assistant manager. Approximately 40%.The assistant manager will receive a salary of $22,400 per year(including benefits). Approximately 60%.Hourly workers will be paid $8.75 an hour. Demand Rate:Monday - Thursday the owner expects 10 customers per hour.Friday - Sunday the owner expects an average of 20 customers per hour.. Product demand on average:1/2 of all customers will buy 1 scoop Ice Cream Cones 1/2 of all customers will buy 2 scoop Ice Cream Cones 1/3 of all customer will buy 3 scoop Ice Cream Cones 1/2 of all customers will buy 1 scoop Ice Cream cups 1/2 of all customers will buy 2 scoop Ice Cream cups 1/3 of all customer will buy 3 scoop Ice Cream cups 1/4 of all customers will buy Medium Shakes 1/4 of all customers will buy Large Shakes 1/2 of all customers will buy Small shakes 1/4 of all customers will buy a Large Sundae 1/3 of all customers will buy a Medium Sundae 1/4 of all customers will buy Small Sundae 3/4 of all customers will buy a Soda 1/4 of all customers will buy a Bottled Water 1/4 of all customers will buy an additional topping Start-up costs Kitchen equipment: $10,250 Cash register and sales equipment: $1,350 Initial inventory: $4,500 Pre-opening marketing: $1,500 Store fixtures (chairs, tables etc.): $4,500 Oil paintings of your client's momma and grandma to hang on the wall: $350 Licenses: $1,025 Security deposit: $4,500 First Insurance Payment: $750 Your client has $8,000 and plans to borrow the rest from the bank with a five-year loan at 2.5% interest. You are to calculate the monthly loan payment using the appropriate financial function.Assume a tax rate of 21% if Income Before Taxes (IBT) is equal to or is greater than$13,500. Assume a tax rate of 13% if IBT is less than $13,500. You are to calculate the monthly tax payment using the appropriate logical function.Assume that sales will grow at an average of 1.50% per month. Assume that each month contains 4.2 weeks. Recommendations:Show your client how these recommendations would affect the bottom line by recreating the pro forma for each scenario, and applying the data analysis to determine profitability. You do not have to start from scratch, but note, these are completely independent pro formas. They must update accordingly from the data worksheets.Plan on showing your analysis and discussing the proforma changes that occur under each new scenario and how it affects profitability.Use a formatted text box (not a comment) to explain your recommendations under each new pro forma. This will be approximately a 2-3 paragraph endeavor. Scenario One: "What if" Analysis for adding flavored ice coffees.Your client is unsure if she should sell flavored ice coffees. She thinks she can sell a coffee to every second customer and it seems to be lucrative because the coffee sells for $3.75 each and costs him only $1.60 to purchase.Unfortunately your client is afraid that he would cannibalize his soft drink sales with the coffee customers (one soft drink less for every coffee sold). It will cost him $5,250 to purchase the equipment and insurance costs would rise by another $155 per month due to the hot equipment needed to make the coffee.What is your recommendation: Should your client offer flavored coffee to her customers? Scenario Two: “What if" Analysis Your client would like to consider adding ice cream cakes to the list of items available for sale. She is wanting to offer cakes with customized cake, ice cream decorations. She thinks she can sell 20 small cakes a week and 25 large cakes a week. It seems to be lucrative because the small cake is $16.95 and the large cake is $23.95. Costs are$5.45 per small cake and $7.40 per large cake.It will cost her $3,250 to purchase the equipment and insurance costs would rise by another $255 per month due to the hot equipment needed to make the cakes.What is your recommendation? Would it be profitable to sell the cakes?Bonus Scenario Three: "What if" Analysis - Optional 10 pts. You may choose to complete this bonus scenario. It is optional.Your client would like to consider adding three specialty sundaes (Banana Split, Molten Lava Explosion, Nutty Chocolate Brownie. She thinks she can sell a specialty sundae to half the customers per day and it seems to be lucrative because these sundaes sell for 4.75 each and costs him only $1.85 to make.Unfortunately, your client is afraid that she would cannibalize his regular sundae sales.It will cost her $3,250 to purchase the equipment and insurance costs would rise by another $255 per month due to the hot equipment needed to make the brownie sand molten cake.For this scenario create and use a pivot table to explain your recommendation along with the other scenario criteria instructions. See Answer
  • Q 6 : Conoy 2018, a government department entered into a contract with Consultant Co Pty Ltd for the provision of services by Robert Black, an technician who is nominated in the contract. The contract specifies that Robert Is required to develop a product for use in the department's IT system in accordance with functionali specifications provided by the department. The contract specifies a fixed amount by way of payment to Consultant Co for the development of the product that is required to be produced within 12months of commencement of the contract. The contract is for the performance of a specific task that produces an outcome or result, with Robert maintaining a high level of discretion and flexibility as to how the work ought to be performed. Payment is not made until the work is performed, although installments are payable upon the achievement of particular milestones. Discuss the tax implications of the personal services income (PSI) legislation to the above arrangement, (500 words) See Answer
  • Q 7 : Use a geometric gradient formula to compute the present value, P, for the following cash flows. See Answer
  • Q 8 : A student has a job that leaves her with $300 per month in disposable income. She decides that she will use the money to buy a car. Before looking for a car, she arranges a 100% loan whose terms are $300 per month for 48 months at 9% nominal annual interest. What is the maximum car purchase price that she can afford with her loan? See Answer
  • Q 9 : AFTER-TAX COST OF DEBT The Holmes Company's currently outstanding bonds have an 8% coupon and a 10% yield to maturity. Holmes believes it could issue new bonds at par that would provide a similar yield to maturity. If its marginal tax rate is 40%, what is Holmes' after-tax cost of debt?10-1 See Answer
  • Q 10 : A 10-year annual coupon bond is currently selling for its par value of $10,000 with an annual yield of 5%.If the bond is callable at par, what is the effective duration of the bond, assuming rates change by 1.6%? See Answer
  • Q 11 : (a) Calculate the following ratios for McCrea plc in 2019. Return on Capital Employed (ROCE) Operating profit margin i) Inventories' turnover period Settlement period for trade receivables ) Current ratio Acid test ratio i) Gearing ratio ii) Interest cover ratio Earnings Per Share (EPS) See Answer
  • Q 12 : On 30 June 2020, Wick Ltd prepared an income statement and a statement of financial position but failed to take into account several adjusting entries. The incorrect income statement showed a profit of $40 000. The statement of financial position showed total assets, $120 000; total liabilities, $50 000; and equity, $70 000. The following adjustments need to be made: (1) Depreciation of $7000 was not recorded on equipment. (2) Wages amounting to $8000 for the last two days in June were not paid and not recorded. Then xt payroll will be in July. (3) Rent of $12 000 was paid for two months in advance on 1 June. The entire amount was debited to Rent Expense when paid. (1) Depreciation of $7000 was not recorded on equipment. (2) Wages amounting to $8000 for the last two days in June were not paid and not recorded. The next payroll will be in July. (3) Rent of $12 000 was paid for two months in advance on 1 June. The entire amount was debited to Rent Expense when paid. a)Prepare the adjusting entries at 30 June 2020, with narrations. (3 Marks) b)Complete the following tabulation to correct the financial statement amounts shown(indicate deductions with a bracket) (10 Marks) See Answer
  • Q 13 : Michino plc is a small manufacturing business based in the UK. It makes three products, details of which are shown below: All three products are produced on the same type of machines. However, some of the machines have to be repaired and will be out of commission for a period of time. This means that the machine time is limited to 840 hours a week. Required: (a)Which combination of products should be produced if the business is to produce the highest profit? (b) By how much will the normal total contribution per week be reduced as a result of the limited number of machine hours? (c) Advise management as to what solutions it might consider that would lead to a higher level of contribution for the business. See Answer
  • Q 14 : Compute Clear plc has produced the following budget and actual information. REQUIRED: (b) Prepare a flexible budget for Compute Clear plc to present actual versus flexed budget comparisons and also total variances. (a)You are required to prepare a traditional budget versus actual report using the above figures. (c)Using Material X as an example, demonstrate how this cost can be broken down into price and efficiency variances. Briefly comment on the significance of the results of these variances to the company. See Answer
  • Q 15 : You are given the following information regarding Aspek plc: Gross Sales £10,000,000. Operating expenses £3,500,000. Depreciation £1,000,000. Taxes £1,500,000. Net fixed Assets £12,000,000. Net working capital £3,000,000. You are also told that 30% of the company's assets are financed by debt which has an after-tax cost of 4%, while 70% is financed by equity with a cost of 14%. Required: (a)Calculate the Economic Added Value (EVA) of Aspek plc. (b)Briefly explain to the management of Aspek plc what the EVA calculated in part(a) represents. See Answer
  • Q 16 : . Special Pty Ltd, a resident private company, was incorporated on 1 July 2015.From 1 July 2011 until 30 June 2017, it conducted a travel agency business. The company incurred the following trading losses for tax purposes: > $15 000 – year ended 30 June 2016, and $22 000 – year ended 30 June 2017. In July 2013, the company discontinued its travel agency business, restructured and acquired a hotel-motel operation. The company's shareholdings of ordinary shares at the close of each financial year were as follows: For the tax year ended 30 June 2018, the company reported taxable income of $35000. Discuss the tax implications of the above events for Special Pty Ltd. See Answer
  • Q 17 : 3) Which of the following best explains why a patient would be willing to undergo a caesarean section when the price of the procedure is over $60,000when the price for same procedure for another patient is less than $7,000? A - The patient charged the higher price believes the medical staff used for her procedure is superior to the staff used for the lower-priced procedure. B - Willingness to pay the higher price is an example of the "snob effect" whereby the patient wishes to pay for a service another patient could not afford. C - The patient charged the higher price is given a private recovery room in the hospital; the patient charged the lower price must share a recovery room with another patient. D-A caesarian section procedure is a Giffen good. E - The cost of the procedure is covered by the patient's health insurance. See Answer
  • Q 18 : Ritter Razors produces deluxe razors that compete with Gillette's Mach line of razors. Total manufacturing costs are $200,000 when 30,000 packages are produced. Of this amount, total variable costs are $80,000.What are the total production costs when 35,000 packages of razors are produced? Assume the same relevant range. Determine the formula, then calculate the total production costs. See Answer

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Well, you're going to be so glad that you read this text because we're going to tell you this - my homework help services are really reasonably priced. You won't have to spend a lot of money to get the help you need. Some of our services include personal tutoring services, on-the-spot help, offline help, MATLAB homework help, and beyond. There are many options for different kinds of students and all are extremely beneficial. They also offer individual study services that take the burden off of you in a big way. You can receive offline tutoring in your area so that there are no future issues with the homework at all.

Pick Your Homework Help Web Site Wisely

It's a difficult process - picking which website suits your needs the best. However, it can be done and that's what we want you to do. You will have to conduct your own research before settling on a site that works best for you. You will have to examine third-party sources that review such services, you will have to go through client reviews, there are many elements that you need to take into account before going forward with any of the homework services out there. You'll definitely need to find out whether or not the site is legitimate and the overall quality of the help. You need to ask yourself if everything sounds legit to you.

My Homework Help is On the Way

Hopefully, this encouraged you to seek out the help you needed. The more homework there is, the easier it is to get lost in the shuffle. You need help. Asking your friends for help does not count as homework help. There are other sources out there to help you out!

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The 5 Best Homework Help Websites (Free and Paid!)

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Listen: we know homework isn’t fun, but it is a good way to reinforce the ideas and concepts you’ve learned in class. But what if you’re really struggling with your homework assignments?

If you’ve looked online for a little extra help with your take-home assignments, you’ve probably stumbled across websites claiming to provide the homework help and answers students need to succeed . But can homework help sites really make a difference? And if so, which are the best homework help websites you can use? 

Below, we answer these questions and more about homework help websites–free and paid. We’ll go over: 

  • The basics of homework help websites
  • The cost of homework help websites 
  • The five best homework websites out there 
  • The pros and cons of using these websites for homework help 
  • The line between “learning” and “cheating” when using online homework help 
  • Tips for getting the most out of a homework help website

So let’s get started! 

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The Basics About Homework Help Websites–Free and Paid

Homework help websites are designed to help you complete your homework assignments, plain and simple. 

What Makes a Homework Help Site Worth Using

Most of the best sites allow users to ask questions and then provide an answer (or multiple possible answers) and explanation in seconds. In some instances, you can even send a photo of a particular assignment or problem instead of typing the whole thing out! 

Homework help sites also offer more than just help answering homework questions. Common services provided are Q&A with experts, educational videos, lectures, practice tests and quizzes, learning modules, math solving tools, and proofreading help. Homework help sites can also provide textbook solutions (i.e. answers to problems in tons of different textbooks your school might be using), one-on-one tutoring, and peer-to-peer platforms that allow you to discuss subjects you’re learning about with your fellow students. 

And best of all, nearly all of them offer their services 24/7, including tutoring! 

What You Should Should Look Out For

When it comes to homework help, there are lots–and we mean lots –of scam sites out there willing to prey on desperate students. Before you sign up for any service, make sure you read reviews to ensure you’re working with a legitimate company. 

A word to the wise: the more a company advertises help that veers into the territory of cheating, the more likely it is to be a scam. The best homework help websites are going to help you learn the concepts you’ll need to successfully complete your homework on your own. (We’ll go over the difference between “homework help” and “cheating” a little later!) 

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You don't need a golden piggy bank to use homework help websites. Some provide low or no cost help for students like you!

How Expensive Are the Best Homework Help Websites?

First of all, just because a homework help site costs money doesn’t mean it’s a good service. Likewise, just because a homework help website is free doesn’t mean the help isn’t high quality. To find the best websites, you have to take a close look at the quality and types of information they provide! 

When it comes to paid homework help services, the prices vary pretty widely depending on the amount of services you want to subscribe to. Subscriptions can cost anywhere from $2 to $150 dollars per month, with the most expensive services offering several hours of one-on-one tutoring with a subject expert per month.

The 5 Best Homework Help Websites 

So, what is the best homework help website you can use? The answer is that it depends on what you need help with. 

The best homework help websites are the ones that are reliable and help you learn the material. They don’t just provide answers to homework questions–they actually help you learn the material. 

That’s why we’ve broken down our favorite websites into categories based on who they’re best for . For instance, the best website for people struggling with math might not work for someone who needs a little extra help with science, and vice versa. 

Keep reading to find the best homework help website for you! 

Best Free Homework Help Site: Khan Academy

  • Price: Free!
  • Best for: Practicing tough material 

Not only is Khan Academy free, but it’s full of information and can be personalized to suit your needs. When you set up your account , you choose which courses you need to study, and Khan Academy sets up a personal dashboard of instructional videos, practice exercises, and quizzes –with both correct and incorrect answer explanations–so you can learn at your own pace. 

As an added bonus, it covers more course topics than many other homework help sites, including several AP classes.

Runner Up: Brainly.com offers a free service that allows you to type in questions and get answers and explanations from experts. The downside is that you’re limited to two answers per question and have to watch ads. 

Best Paid Homework Help Site: Chegg

  • Price: $14.95 to $19.95 per month
  • Best for: 24/7 homework assistance  

This service has three main parts . The first is Chegg Study, which includes textbook solutions, Q&A with subject experts, flashcards, video explanations, a math solver, and writing help. The resources are thorough, and reviewers state that Chegg answers homework questions quickly and accurately no matter when you submit them.  

Chegg also offers textbook rentals for students who need access to textbooks outside of their classroom. Finally, Chegg offers Internship and Career Advice for students who are preparing to graduate and may need a little extra help with the transition out of high school. 

Another great feature Chegg provides is a selection of free articles geared towards helping with general life skills, like coping with stress and saving money. Chegg’s learning modules are comprehensive, and they feature solutions to the problems in tons of different textbooks in a wide variety of subjects. 

Runner Up: Bartleby offers basically the same services as Chegg for $14.99 per month. The reason it didn’t rank as the best is based on customer reviews that say user questions aren’t answered quite as quickly on this site as on Chegg. Otherwise, this is also a solid choice!

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Best Site for Math Homework Help: Photomath

  • Price: Free (or $59.99 per year for premium services) 
  • Best for: Explaining solutions to math problems

This site allows you to t ake a picture of a math problem, and instantly pulls up a step-by-step solution, as well as a detailed explanation of the concept. Photomath also includes animated videos that break down mathematical concepts to help you better understand and remember them. 

The basic service is free, but for an additional fee you can get extra study tools and learn additional strategies for solving common math problems.

Runner Up: KhanAcademy offers in-depth tutorials that cover complex math topics for free, but you won’t get the same tailored help (and answers!) that Photomath offers. 

Best Site for English Homework Help: Princeton Review Academic Tutoring

  • Price: $40 to $153 per month, depending on how many hours of tutoring you want 
  • Best for: Comprehensive and personalized reading and writing help 

While sites like Grammarly and Sparknotes help you by either proofreading what you write via an algorithm or providing book summaries, Princeton Review’s tutors provide in-depth help with vocabulary, literature, essay writing and development, proofreading, and reading comprehension. And unlike other services, you’ll have the chance to work with a real person to get help. 

The best part is that you can get on-demand English (and ESL) tutoring from experts 24/7. That means you can get help whenever you need it, even if you’re pulling an all-nighter! 

This is by far the most expensive homework site on this list, so you’ll need to really think about what you need out of a homework help website before you commit. One added benefit is that the subscription covers over 80 other subjects, including AP classes, which can make it a good value if you need lots of help!  

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Best Site for STEM Homework Help: Studypool

  • Best for: Science homework help
  • Price: Varies; you’ll pay for each question you submit

When it comes to science homework help, there aren’t a ton of great resources out there. The best of the bunch is Studypool, and while it has great reviews, there are some downsides as well. 

Let’s start with the good stuff. Studypool offers an interesting twist on the homework help formula. After you create a free account, you can submit your homework help questions, and tutors will submit bids to answer your questions. You’ll be able to select the tutor–and price point–that works for you, then you’ll pay to have your homework question answered. You can also pay a small fee to access notes, lectures, and other documents that top tutors have uploaded. 

The downside to Studypool is that the pricing is not transparent . There’s no way to plan for how much your homework help will cost, especially if you have lots of questions! Additionally, it’s not clear how tutors are selected, so you’ll need to be cautious when you choose who you’d like to answer your homework questions.  

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What Are the Pros and Cons of Using Homework Help Sites?

Homework help websites can be a great resource if you’re struggling in a subject, or even if you just want to make sure that you’re really learning and understanding topics and ideas that you’re interested in. But, there are some possible drawbacks if you don’t use these sites responsibly. 

We’ll go over the good–and the not-so-good–aspects of getting online homework help below. 

3 Pros of Using Homework Help Websites 

First, let’s take a look at the benefits. 

#1: Better Grades Beyond Homework

This is a big one! Getting outside help with your studies can improve your understanding of concepts that you’re learning, which translates into better grades when you take tests or write essays. 

Remember: homework is designed to help reinforce the concepts you learned in class. If you just get easy answers without learning the material behind the problems, you may not have the tools you need to be successful on your class exams…or even standardized tests you’ll need to take for college. 

#2: Convenience

One of the main reasons that online homework help is appealing is because it’s flexible and convenient. You don’t have to go to a specific tutoring center while they’re open or stay after school to speak with your teacher. Instead, you can access helpful resources wherever you can access the internet, whenever you need them.

This is especially true if you tend to study at off hours because of your extracurriculars, work schedule, or family obligations. Sites that offer 24/7 tutoring can give you the extra help you need if you can’t access the free resources that are available at your school. 

#3: Variety

Not everyone learns the same way. Maybe you’re more of a visual learner, but your teacher mostly does lectures. Or maybe you learn best by listening and taking notes, but you’re expected to learn something just from reading the textbook . 

One of the best things about online homework help is that it comes in a variety of forms. The best homework help sites offer resources for all types of learners, including videos, practice activities, and even one-on-one discussions with real-life experts. 

This variety can also be a good thing if you just don’t really resonate with the way a concept is being explained (looking at you, math textbooks!).

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Not so fast. There are cons to homework help websites, too. Get to know them below!

3 Cons of Using Homework Help Websites 

Now, let’s take a look at the drawbacks of online homework help. 

#1: Unreliable Info

This can be a real problem. In addition to all the really good homework help sites, there are a whole lot of disreputable or unreliable sites out there. The fact of the matter is that some homework help sites don’t necessarily hire people who are experts in the subjects they’re talking about. In those cases, you may not be getting the accurate, up-to-date, and thorough information you need.

Additionally, even the great sites may not be able to answer all of your homework questions. This is especially true if the site uses an algorithm or chatbot to help students…or if you’re enrolled in an advanced or college-level course. In these cases, working with your teacher or school-provided tutors are probably your best option. 

#2: No Clarification

This depends on the service you use, of course. But the majority of them provide free or low-cost help through pre-recorded videos. Watching videos or reading info online can definitely help you with your homework… but you can’t ask questions or get immediate feedback if you need it .

#3: Potential For Scamming 

Like we mentioned earlier, there are a lot of homework help websites out there, and lots of them are scams. The review comments we read covered everything from outdated or wrong information, to misleading claims about the help provided, to not allowing people to cancel their service after signing up. 

No matter which site you choose to use, make sure you research and read reviews before you sign up–especially if it’s a paid service! 

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When Does “Help” Become “Cheating”?

Admittedly, whether using homework help websites constitutes cheating is a bit of a grey area. For instance, is it “help” when a friend reads your essay for history class and corrects your grammar, or is it “cheating”? The truth is, not everyone agrees on when “help” crosses the line into “cheating .” When in doubt, it can be a good idea to check with your teacher to see what they think about a particular type of help you want to get. 

That said, a general rule of thumb to keep in mind is to make sure that the assignment you turn in for credit is authentically yours . It needs to demonstrate your own thoughts and your own current abilities. Remember: the point of every homework assignment is to 1) help you learn something, and 2) show what you’ve learned. 

So if a service answers questions or writes essays for you, there’s a good chance using it constitutes cheating. 

Here’s an example that might help clarify the difference for you. Brainstorming essay ideas with others or looking online for inspiration is “help” as long as you write the essay yourself. Having someone read it and give you feedback about what you need to change is also help, provided you’re the one that makes the changes later. 

But copying all or part of an essay you find online or having someone write (or rewrite) the whole thing for you would be “cheating.” The same is true for other subjects. Ultimately, if you’re not generating your own work or your own answers, it’s probably cheating.

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5 Tips for Finding the Best Homework Help Websites for You

Now that you know some of our favorite homework help websites, free and paid, you can start doing some additional research on your own to decide which services might work best for you! Here are some top tips for choosing a homework help website. 

Tip 1: Decide How You Learn Best 

Before you decide which site or sites you’re going to use for homework help, y ou should figure out what kind of learning style works for you the most. Are you a visual learner? Then choose a site that uses lots of videos to help explain concepts. If you know you learn best by actually doing tasks, choose a site that provides lots of practice exercises.

Tip 2: Determine Which Subjects You Need Help With

Just because a homework help site is good overall doesn’t mean that it’s equally good for every subject. If you only need help in math, choose a site that specializes in that area. But if history is where you’re struggling, a site that specializes in math won’t be much help. So make sure to choose a site that you know provides high-quality help in the areas you need it most. 

Tip 3: Decide How Much One-On-One Help You Need 

This is really about cost-effectiveness. If you learn well on your own by reading and watching videos, a free site like Khan Academy is a good choice. But if you need actual tutoring, or to be able to ask questions and get personalized answers from experts, a paid site that provides that kind of service may be a better option.

Tip 4: Set a Budget

If you decide you want to go with a paid homework help website, set a budget first . The prices for sites vary wildly, and the cost to use them can add up quick. 

Tip 5: Read the Reviews

Finally, it’s always a good idea to read actual reviews written by the people using these homework sites. You’ll learn the good, the bad, and the ugly of what the users’ experiences have been. This is especially true if you intend to subscribe to a paid service. You’ll want to make sure that users think it’s worth the price overall!

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What’s Next?

If you want to get good grades on your homework, it’s a good idea to learn how to tackle it strategically. Our expert tips will help you get the most out of each assignment…and boost your grades in the process.

Doing well on homework assignments is just one part of getting good grades. We’ll teach you everything you need to know about getting great grades in high school in this article.

Of course, test grades can make or break your GPA, too. Here are 17 expert tips that’ll help you get the most out of your study prep before you take an exam.

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Ashley Sufflé Robinson has a Ph.D. in 19th Century English Literature. As a content writer for PrepScholar, Ashley is passionate about giving college-bound students the in-depth information they need to get into the school of their dreams.

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