Ace Your Accounting Classes and Exams with Picmonic: #1 Visual Mnemonic Study Tool for Accounting Students
With Picmonic, facts become pictures. We've taken what the science shows - image mnemonics work - but we've boosted the effectiveness by building and associating memorable characters, interesting audio stories, and built-in quizzing. Whether you're studying for your classes or getting ready for a big exam, we're here to help.
Accounting | Accounting School Study Aid
Accounting Basics (Sample)
5 Picmonics to Learn | 6 mins
LIFO and FIFO
- LIFO
- FIFO
- Larger COGS
- Smaller inventory
- Smaller Income
1 min
Cash Conversion Cycle
- Days Inventory Outstanding (365 / Inventory Turnover)
- Days Sales Outstanding (365 / Receivable Turnover)
- Days Payable Outstanding (365 / Accounts Payable Turnover)
2 mins
Inventory Turnover
- COGS
- Average Inventory
2 mins
Receivable Turnover
- Sales
- Average Accounts Receivable
54 secs
Accounts Payable Turnover
- Purchases
- Payable
1 min
