Abstract The article focuses on the intermediate and advanced accounting advice sheet. It discusses various ways of working out problems. The student should read the problem thoroughly to grasp the facts and learn what is required. In many problems the desired answer can be obtained only after several preliminary calculations or schedules. If these cannot be reduced to a statement, exhibit, or explanatory note, place them on a scratch sheet, but the work should be kept in good order to allow review or checking later if the first solution does not turn out to students satisfaction. All accounting problems can be solved by some port of statement, schedule, work sheet, journal entries, or "T" accounts. Brief explanations should always be given for journal entries unless specific permission is granted to omit them. Accounting statements should always have a heading, including the firm name, name of statement, and date. Special schedules or reports created for unusual problems should always follow the customary form, with explanatory remarks or accounts at the left and the figures or amounts at the right.
William F. Crum (1949) studied this question.