This application is both an Accounting Tool and a Simulation.  It shows the relationships and integration between the Financial Statements.  Firstly, it uses color coding and graphics to show the interactive nature between such transactions as sales, purchasing, borrowing, investing and stock decisions.  Secondly, it simulates 12 quarters of basic business operation and presents the outcomes through the 'eyes' of the Financial Statements. 

Item Name: Financial Statement Mini Sim Item Number: F-002 Price: Free   Click on Image to Begin.

This Accounting Tool displays an Income Statement, Comparative Balance Sheet and two forms of Cash Flow (Direct and Indirect) as an integrative set.  The relationships of various transaction types and how they affect each report, can be examined using this tool.  A set of transaction types are displayed by selecting the 'Menu' button on the application and then choosing 'Highlighting'.  Selecting a transaction type will cause all report entries that are affected by this transaction type to change color.  Changing the Price decision variable will then cause the values of these highlighted entries to change value.  The Cash and Stock decision variables can also be changed to show respective transaction value changes on the financial statements.  Choose the 'Clear' menu option to reset all color coding back to its original state.