New PDF release: Accounting for Non-Accountants, 2E: The Fast and Easy Way to

By Wayne Label

ISBN-10: 1402222637

ISBN-13: 9781402222634

A brief, Compact, and Easy-to comprehend source for Non-Accountants Accounting for Non-Accountants is the must-have advisor for we all who've by no means taken an accounting category, are mystified by means of accounting jargon, and feature no clue approximately stability sheets, source of revenue statements, or statements of money flows. no matter if you personal a company, plan on beginning one, or simply are looking to keep watch over your personal resources, you will find every thing you want to comprehend: find out how to arrange and use monetary statements the best way to deal with budgets easy methods to care for audits and auditors how you can keep an eye on funds flows tips to use accounting ratios to interpret monetary statements For marketers or someone who must rush up on accounting quick, this booklet may have you up and operating very quickly. "A convinced must-have for any enterprise owner!" —Julie A. Aydlott, CFE, writer of the short advisor to Small enterprise Budgeting "A sensible choice for somebody who's discovering accounting tough to understand." —Dr. Richard A. Samuelson, emeritus professor of accounting, San Diego kingdom collage  

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Extra info for Accounting for Non-Accountants, 2E: The Fast and Easy Way to Learn the Basics

Example text

5,200 Bicycle Parts . . . . . . . . . . . . . 1,625 Insurance Expense . . . . . . . . . . . . 500 Bad Debt Expense . . . . . . . . . . . . 175 Tools Expense . . . . . . . . . . . . . . 50 Bank Service Fee . . . . . . . . . . . . . 15 Total Operating Expenses . . . . . . . . . . . . Net Income from Operations . . . . . . . . . . . Other Revenue and Expenses: Repair Revenue. . . . . . . . . . . . .

9,175 Allowance for Bad Debts . . . . . . . . . . . . . (175) Inventory . . . . . . . . . . . . . . . . . . 23,000 Prepaid Insurance . . . . . . . . . . . . . . . 1,000 Truck . . . . . . . . . . . . . . . . . . . . 8,000 Building . . . . . . . . . . . . . . . . . . 25,000 28 Accounting for Non-Accountants Land . . . . . . . . . . . . . . . . . . . 10,000 Total Assets .

Operating Expenses: Salaries and Wages . . . . . . . . . . $5,200 Bicycle Parts . . . . . . . . . . . . . 1,625 Insurance Expense . . . . . . . . . . . . 500 Bad Debt Expense . . . . . . . . . . . . 175 Tools Expense . . . . . . . . . . . . . . 50 Bank Service Fee . . . . . . . . . . . . . 15 Total Operating Expenses . . . . . . . . . . . . Net Income from Operations . . . . . . . . . . . Other Revenue and Expenses: Repair Revenue.

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Accounting for Non-Accountants, 2E: The Fast and Easy Way to Learn the Basics by Wayne Label


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