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Why students struggle with source documents and worded problems in accounting: Tips to help

Mastering accounting: Decoding source documents and worded problems.

Teachers of Principles of Accounts often encounter a significant hurdle: students struggling to grasp the essence of source documents and worded problems. This difficulty is particularly concerning because the ability to interpret and analyse such information forms the very bedrock of understanding business transactions and, consequently, the principles of accounting. …

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What accounting teachers assume students already know (but often don’t)

The hidden gaps: When accounting teachers assume students already know the basics.

Educators of basic accounting often find themselves meticulously dissecting debits and credits, the accounting equation, and the nuances of financial statements. They craft explanations, devise examples, and patiently guide students through the initial complexities of the subject. Yet, sometimes, despite their best efforts, a subset of students continues to struggle …

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Master the Accounting Cycle steps: Your guide to tracking business finances like a pro

What are the Accounting Cycle steps? Full breakdown with examples.

Running a business or learning accounting and feeling overwhelmed by all the “numbers talk”? Don’t worry — we’ve got your back! Whether you’re a total beginner or halfway through your accounting course but still confused, this guide will break down the Accounting Cycle in a way that finally makes sense. …

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Youth mental health in the digital age: How social media impacts teens

Beyond the likes: Social media and the youth mental health epidemic.

In today’s digital age, smartphones have become extensions of ourselves, and social media platforms are the bustling town squares where young people gather. While these platforms offer connection, community, and a wealth of information, a darker side is emerging: a significant impact on the mental well-being of our youth. The …

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What are wants and how to prioritise in tough times

What are wants and why do we satisfy them?

The greatest downfall for many individuals and businesses is confusing “wants” with “needs”. This often leads to spending beyond their means, resulting in a life of debt. Many people and businesses appear to be doing well, even claiming to be “millionaires”, but in reality, they are deeply indebted. Understanding the …

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