Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. Â For those of you who have already recognized and appreciate the impact that numbers actually have on just about everything, you deserve a cookie.Â
What you’ll learn
- Â Â Understand basic accounting terminology.
- Â Identify the differences between the cash and accrual accounting methods.
- Â Keep track of your business by becoming familiar with accounts payable and accounts receivable.
- Â Â Use a journal and general ledger to document business financials.Â
- Â Â Utilize the balance sheet.
- Â Â Identify different types of financial statements.
- Â Â Uncover the reasons for and actually create a budget.