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|All Authors / Contributors:||
Darrell Mullis; Judith Handler Orloff
|Description:||x, 179 pages : illustrations (chiefly color) ; 28 cm|
Cash, original investment, assets, liabilities, notes payable, owner's equity, balance sheets, inventory, earnings, expenses --
Gross profit, net profit, income statements, cash flow --
Retained earnings, loans, credit, accounts payable, notes payable --
Paid labor, accounts receivable, bad debt, interest, prepaid expenses, accrual method, cash method, creative accounting --
Service businesses --
FIFO, LIFO --
Cash statements, fixed assets, capitalization, depreciation --
Profits vs. cash --
Taxes, liquidation --
Final analysis : improving profits --
|Responsibility:||Darrell Mullis and Judith Orloff.|
By using the world of a child's lemonade stand to teach the basics of finance management, this book makes key accounting basics fun and understandable.
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