U.S. Editions

Red Dragon Karate Studio is a realistic and comprehensive business situation. It represents a service business that students will certainly encounter (or operate) in real life. It is an unincorporated partnership.

Red Dragon is suitable for introductory accounting or business students who have not yet covered merchandising concepts, corporation theory or payroll. Estimated completion time is 12-15 hours.

This simulation includes source documents (sales and expense invoices, deposit slips, cheque stubs and bank statements) from two months of operation for processing into meaningful financial statements. It can be packaged without the manual ledgers for use in computer accounting classes.


The Graphics Company is a short, concise project. It is ideally suited as an evaluation assignment, examination, or general review of the complete accounting cycle. Students record 30 straight-forward transactions in five basic journals - Sales, Cash Receipts, Purchases, Cash Payments, General - and post to the General, Accounts Receivable, and Accounts Payable ledgers before making month-end adjustments and preparing financial statements.

Like all the simulations from Blue Sky Publishing, The Graphics Company includes realistic facsimile paperwork (sales and expense invoices) and banking documents (deposit slips, cheque stubs, and bank statement.) Source documents, journals, ledgers, and other required working papers (worksheet, bank reconciliation form, schedules and financial statement formats) are bound in a concise package along with replica cheque stubs, deposit slips and bank statements. Students can begin to record transactions without undue confusion or extensive organization.

Although transactions are not complex or numerous, they reinforce a student's theoretic understanding of the complete accounting cycle for an unincorporated service business. Opening balances have been recorded in the appropriate ledgers as a time-saver, with an opening trial balance and related schedules given for reference. Data is also provided for routine month-end adjustments.

If you need a tool to evaluate prior learning, have limited time for out-of-class projects, or need a "fresh" exam, consider the advantages of The Graphics Company.
ISBN 978-1-896421-33-9