Accounting in 60 Minutes A Brief Introduction
What you’ll learn
Understand the basic accounting equation
Know the difference between a debit and a credit
See how to prepare a balance sheet and income statement
Understand why profit does not equal cash
No prerequisite knowledge is required!
Section 1: The Accounting Equation
Lecture 1 What = Who
Lecture 2 Let’s Buy a Car
Lecture 3 Some Practice Entries
Section 2: Everything Balances
Lecture 4 Debits = Credits
Lecture 5 The Trial Balance
Lecture 6 Debit and Credit Worksheet – A One Page Template to Help You Know When To Debit!
Section 3: The Balance Sheet
Lecture 7 It Balances!
Section 4: Let’s Make Some Money!
Lecture 8 Income Accounts
Lecture 9 Net Income
Lecture 10 The Income Statement
Section 5: Let’s Put Together a Financial Statement
Lecture 11 A Short Ebook on How to Put Together a Balance Sheet
Section 6: Profit Does Not Equal Cash!
Lecture 12 It’s All About Timing
Lecture 13 Income Does Not Equal Cash
Lecture 14 Expenses and Timing
Section 7: Conclusion
Lecture 15 What We Have Learned
Section 8: Extras!
Lecture 16 How To Increase Your Profits with Break Even Analysis!
business owners,managers,business students,beginning accounting students
Udemy | English | 1h 41m | 482.47 MB
Created by: Vincent Turner