Learn Basic Accounting Fast & Easy!
Product Description
Learn Basic Accounting Fast & Easy!
Wouldn't it be great if learning basic accounting was fast and easy?
That's what this short book is all about.  Fast--60 minutes or less. Easy--like keeping score. Bite-sized lessons. Simple illustrations. No prerequisites.  ** Video sample at amazon.com/author/loganmusil ** Master accounting basics by building on what you already know--how to add up points scored by a team! We start out with a one-hour-or-less crash course. We add up points for a few games, and before you know it you've mastered accounts, ledgers, double-entry accounting and the accounting equation! We then switch gears to real-world accounting, where points become dollars. Before long you'll be a pro at basic accounting!  Some of the essentials you'll learn in no time:  * The purpose of accounting: What is the score?  * Accounts and ledgers: Keeping score the easy way  * Double-entry accounting: One game, many points  * The accounting equation: Keeping score for teammates and me  * How to record transactions using the accounting equation and double-entry accounting: Just like adding up points (for games), but with dollars (for transactions)  * Debits & credits: It's that easy?!  * How to prepare financial statements:  * Balance sheet: The today picture o Assets: How much do we own--today? o Liabilities: How much do we owe--today? o Owners' equity: How much is left over--today?  * Income statement: The annual picture o Revenues: How much did we make--this year? o Expenses: How much did we spend--this year? o Net income: How much did we profit--this year?




