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

By Wayne Label

A brief, Compact, and Easy-to comprehend source for Non-Accountants Accounting for Non-Accountants is the must-have consultant for we all who've by no means taken an accounting classification, are mystified by way 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 individual resources, you can find every thing you must be aware of: easy methods to organize and use monetary statements the right way to deal with budgets how one can take care of audits and auditors the best way to regulate funds flows how you can use accounting ratios to interpret monetary statements For marketers or somebody who must rush up on accounting quickly, this ebook may have you up and working very quickly. "A certain must-have for any enterprise owner!" —Julie A. Aydlott, CFE, writer of the fast consultant to Small enterprise Budgeting "A sensible choice for an individual who's discovering accounting tricky to understand." —Dr. Richard A. Samuelson, emeritus professor of accounting, San Diego country college  

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

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50,385 The Balance Sheet and Its Components 35 Long-Term Assets: Truck. . . . . . . . . . . . . . . . . . . $8,000 Building. . . . . . . . . . . . . . . . . . 25,000 Land . . . . . . . . . . . . . . . . . . . 10,000 Total Long-Term Assets. . . . . . . . . . . . . $43,000 Total Assets . . . . . . . . . . . . . . . . $93,385 Liabilities and Owner’s Equity Short-Term Liabilities: Accounts Payable.

23,000 Prepaid Insurance . . . . . . . . . . 1,000 Total Short-Term Assets . . . . . . . . . . . . . $50,385 The Balance Sheet and Its Components 35 Long-Term Assets: Truck. . . . . . . . . . . . . . . . . . . $8,000 Building. . . . . . . . . . . . . . . . . . 25,000 Land . . . . . . . . . . . . . . . . . . . 10,000 Total Long-Term Assets. . . . . . . . . . . . . $43,000 Total Assets .

25,000 28 Accounting for Non-Accountants Land . . . . . . . . . . . . . . . . . . . 10,000 Total Assets . . . . . . . . . . . . . . . . $93,385 Liabilities And Owner’s Equity Liabilities: Accounts Payable . . . . . . . . . $3,000 Mortgage Payable . . . . . . . . . 20,000 Total Liabilities . . . . . . . . . . . . . . . $23,000 Owner’s Equity: Owner’s Investment . . . . . . . . $60,000 Retained Earnings . . . . . . .

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