AI Accounting Solver
Paste any accounting problem — get a step-by-step solution with journal entries, T-accounts, ratios, or full statements in seconds.
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Step-by-step solutions for journal entries, adjusting and closing entries, FIFO/LIFO inventory, depreciation, bank reconciliations, financial ratios, and full balance sheet, income statement, and cash flow problems — works with Warren, Kimmel, Wild, Horngren, and Libby textbooks.
Annual straight-line depreciation = (Cost − Residual) ÷ Useful life = ($60,000 − $5,000) ÷ 5 = $11,000 per year. Book value at end of year 1 = $60,000 − $11,000 = $49,000.
Net income = $320,000 − $180,000 − $70,000 = $70,000. Ending Retained Earnings = $50,000 + $70,000 − $20,000 = $100,000.
How it works
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Why Choose EduSolver?
24/7 instant and accurate answers
Covers school and university subjects
Step‑by‑step, easy‑to‑follow explanations
Free account — no credit card required
Uniqueness guaranteed, anti‑plagiarism focused
Supports photos, text, and files
EduSolver vs ChatGPT for accounting homework
Both can answer accounting questions. Here's what's different.
| EduSolver | Generic ChatGPT | |
|---|---|---|
| Dedicated to accounting curriculum | ✓ | — |
| Verifies debits = credits automatically | ✓ | — |
| Reads photo of textbook page (OCR) | ✓ | Paid plan only |
| Uses GAAP by default (not IFRS unless asked) | ✓ | Inconsistent |
| Generates similar practice problems | ✓ | — |
| Free account, no credit card | ✓ | Signup + card on paid plans |
| Step-by-step output with journal entry tables | ✓ | Plain text |
Who is it for?
Master journal entries, adjusting and closing entries, FIFO/LIFO inventory, and depreciation methods.
Tackle bonds, leases, stockholders' equity, consolidations, and full statement preparation.
Practice problems, ratio analysis, and managerial topics (CVP, variances, ABC costing).
What the AI Accounting Solver covers
Accounting homework comes in three shapes: journal entries, computations (ratios, depreciation, bonds), and full statements. EduSolver handles all three — you paste the problem, we parse it, identify the topic, and produce a worked solution you can learn from.
What you can paste
- Text problems — word problems from your textbook, online quiz, or handout
- Photos — snap a picture of the book page; OCR handles numbers, tables, and exhibits
- PDFs — upload homework sets and ask the solver to work a specific problem
- Formulas — use the built-in math keyboard (Σ button) for equations and expressions
What you get back
Every solution is structured the way an accounting professor would expect: accounts identified, debits and credits shown side-by-side and balanced, calculations laid out line by line, and the final answer boxed. For multi-statement problems, the solver fills in each line and shows how each number flows to the next statement.
Accounting topics supported
The solver covers the full intro-to-intermediate financial accounting curriculum plus managerial accounting.
Financial accounting
- Journal entries — all standard transactions, accruals, deferrals
- Adjusting entries at period-end — prepaid expenses, accrued revenues and expenses, unearned revenue, depreciation
- Closing entries and the post-closing trial balance
- Balance sheet, income statement, statement of retained earnings
- Cash flow statement — direct and indirect method
- Bank reconciliations — deposits in transit, outstanding checks, NSF checks, bank service charges
- Inventory — FIFO, LIFO, weighted average, lower of cost or net realizable value
- Depreciation — straight-line, double declining balance, units of production, sum-of-years'-digits
- Receivables — allowance for doubtful accounts, write-offs, aging schedule
- Bonds — issuance at premium or discount, amortization (straight-line and effective interest method)
- Stockholders' equity — common stock, preferred stock, dividends, treasury stock
- Financial ratios — liquidity, solvency, profitability, and efficiency (15+ ratios including EPS, debt-to-equity, current and quick ratio)
Managerial accounting
- Cost-volume-profit (CVP) analysis, contribution margin, breakeven
- Job order costing, process costing, activity-based costing (ABC)
- Variance analysis — material, labor, and overhead variances
- Master budget and flexible budgets
Textbooks handled
Most US intro and intermediate accounting courses use one of these. EduSolver has been tested against problem sets from:
- Warren / Jones / Tayler — Financial Accounting
- Kimmel / Weygandt / Kieso — Financial & Managerial Accounting
- Wild / Shaw / Chiappetta — Fundamental Accounting Principles
- Horngren / Harrison / Oliver — Financial Accounting
- Libby / Libby / Hodge — Financial Accounting
- Spiceland / Sepe / Nelson — Intermediate Accounting
- Brewer / Garrison / Noreen — Managerial Accounting