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Easy Accounting 101

(5 customer reviews)

$5.99

Anyone who’s worked in an office at some point or another has had to go to accounting.

They’re the people who pay and send out the bills that keep the business running. They do a lot more than that, though.

Sometimes referred to as “bean counters” they also keep their eye on profits, costs, and losses. Unless you’re running your own business and acting as your own accountant, you’d have no way of knowing just how profitable – or not – your business is without some form of accounting.

No matter what business you’re in, even if all you do is balance a checkbook, that’s still accounting. It’s part of even a kid’s life. Saving an allowance, spending it all at once – these are accounting principles.

 

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Anyone who’s worked in an office at some point or another has had to go to accounting.

They’re the people who pay and send out the bills that keep the business running. They do a lot more than that, though.

Sometimes referred to as “bean counters” they also keep their eye on profits, costs, and losses. Unless you’re running your own business and acting as your own accountant, you’d have no way of knowing just how profitable – or not – your business is without some form of accounting.

No matter what business you’re in, even if all you do is balance a checkbook, that’s still accounting. It’s part of even a kid’s life. Saving an allowance, spending it all at once – these are accounting principles.

What are some other businesses where accounting is critical? Well, farmers need to follow careful accounting procedures. Many of them run their farms year to year by taking loans to plant the crops. If it’s a good year, a profitable one, then they can pay off their loan; if not, they might have to carry the loan over and accrue more interest charges.

Every business and every individual needs to have some kind of accounting system in their lives. Otherwise, the finances can get away from them, they don’t know what they’ve spent, or whether they can expect a profit or a loss from their business.

Staying on top of accounting, whether it’s for a multi-billion-dollar business or for a personal checking account is a necessary activity on a daily basis if you’re smart. Not doing so can mean anything from a bounced check or posting a loss to a company’s shareholders. Both scenarios can be equally devastating.

Accounting is basically information, and this information is published periodically in business as a profit and loss statement, or an income statement.

5 reviews for Easy Accounting 101

  1. MUNEROT

    Good purchase and choice of ebooks.

  2. Mss. Sachiko Tamaki

    The kinds of books that have been sold increasing perhaps, very pleasant, easy to download and purchase everywhere.

  3. Emanuele

    I frequently buy e-books on this site, the catalogue is big, the prices of e-books are very attractive and we can read the e-books everywhere using the website. In my opinion, it would be very useful to have a preview of the e-books’ content before we decide to buy them.

  4. Catherine

    Quickly found the books I was looking for. It was then straightforward to purchase and download ready to read.

  5. Lindzie Abner

    I’ve purchased several books from yourfirstbizz and I’ve always had a good experience. They also always have the book I’m looking for. On one occasion I accidentally purchased a book twice. I contacted customer service and they got back to me very quickly with a solution that worked for everyone.

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