Insight to Accounting - Oh, now I Get It!!

This post will serve as a collection of students' break-throughs to understanding specific concepts of accounting (or even another business concept). The idea is that we all (hopefully) will encounter certain things that "MAKE IT CLICK" and it sure would be great if we helped someone else get it. We are all teachers! If someone else told you or showed you something that made a concept click, let us know who taught you, what you now understand, and how they did it.

This is part of a project grade and you are required to comment at least once per marking period.

Example
I followed one of Jacob's links on his comment to my Accounting Website post. The site rearranged the accounting equation as Assets - Liabilities = Owner's Equity. This makes a lot of sense to me when I think about the wealth of the business owners being equal to the things that the business owns minus the money it owes to others. Thanks Jake!!

Remember: This Post and the Comments are only helpful if you all review the other comment and see if something "clicks" for you.

Accounting Websites

Extra Credit
The purpose of this Post is to create a collection of Useful Educational Accounting Websites that we can use in class or on our own to improve our understanding of Accounting. In your comment, use the format below.

Example
Name: your name
Website Title: website
URL: website address
Type: practice, quiz, vocabulary, career info, game
Description: a few word to describe what the site is about