By Darrell Mullis
"Fantastic studying Tool...Don't enable this ebook name idiot you. it isn't an oversimplification of accounting and monetary rules. it truly is, in spite of the fact that, a major and extremely powerful exam of a really small yet gradually advanced company. There usually are not many books on the market that make a fancy and dry topic comprehensible or even enjoyable. This e-book effectively does simply that." -Amazon Reviewer The Clearest clarification Ever of the major Accounting fundamentals the realm of accounting could be intimidating. no matter if you are a supervisor, enterprise proprietor or aspiring entrepreneur, you have most probably stumbled on your self wanting to understand uncomplicated accounting...but baffled via advanced accounting books. What if studying accounting may be as basic and enjoyable as working a kid's lemonade stand? it might. The Accounting video game offers monetary details in a structure so easy and so not like a typical accounting textbook, you'll put out of your mind you are studying key abilities that can assist you get forward! utilizing the realm of a kid's lemonade stand to coach the fundamentals of dealing with your funds, this booklet makes a dry topic enjoyable and comprehensible. As you run your stand, you will start to comprehend and follow monetary phrases and ideas like resources, liabilities, profits, stock and notes payable, plus: --Interactive layout delivers hands-on event --Color-coded charts and worksheets assist you take note key phrases --Step-by-step strategy takes you from beginner to specialist conveniently --Fun tale layout speeds retention of crucial recommendations --Designed to use what you learn how to the true international The innovative strategy of The Accounting online game takes the tough topics of accounting and company finance and makes them whatever you could simply study, comprehend, take note and use! "The video game process makes the subject material such a lot comprehensible. I hugely suggest it to a person nervous by means of both numbers or accountants." -John Hernandis, Director of company Communications, American Greetings
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I cherished the ebook - it's situated as a Math direction, yet i might say it's a bit too excessive. It jumps without delay into beautiful excessive point and dense fabric, so the simplest use for this e-book while you're aiming for a excessive quant ranking and prepared to sweat for it. while you're simply beginning out, i might most likely recommend firstly Kaplan Math workbook after which seize this e-book (Kaplan appeared to were laid out a piece higher, yet certainly now not as distinct and didn't contain a lot of chance, mixtures, information questions).
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About the Author
David Spiceland is professor of accounting on the collage of Memphis, the place he teaches intermediate accounting and different monetary accounting classes on the undergraduate and master's degrees. He acquired his BS measure in finance from the collage of Tennessee, his MBA from Southern Illinois collage, and his PhD in accounting from the college of Arkansas.
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Additional resources for The Accounting Game; Basic Accounting Fresh from the Lemonade Stand, 2008 Edition
The Balance Sheet just says you had $10 in Earnings. The Income Statement shows that you had $25 in Sales, $10 in COGS, and $5 in Expenses. Returning to the world of accounting, we take earnings week to date on the Balance Sheet and blow it up and what do we get? The Income Statement! 27 28 T H E AC C O U N T I N G GA M E Let’s look at the numbers on your last Balance Sheet in Chapter One and the Income Statement we just filled out on page 25. M. M. 00 Where, again, are the two financial statements related?
It’s the end of the week. Want to work on Sunday? What? And miss a great day to relax, to hit the local swimming hole or pal around with friends? Let’s take Sunday off. C H APTER 2 What are we going to do with those ten glasses of left over Inventory? Put it in the refrigerator and put a sign on it that says: For commercial use only! Do not touch upon penalty of death! Time for a break. Before you leave, give yourselves a gold star for doing such a good job your first week in the business. Good Job!
He asks. “The absolute best, most totally awesome lemonade in this part of the galaxy,” you say. C H APTER 3 “That good? ” Pappy says this with a smile. “Just the opposite,” you quickly respond. ) “After all, the more lemonade I sell, the more lemons and sugar I’ll need to buy from you. Plus maybe paper cups and napkins. ” You run out of great ideas and hope it’s enough to win over Pappy. He lives in the neighborhood and always gives free stuff to your school. Pappy’s known you and your family for a long time.
The Accounting Game; Basic Accounting Fresh from the Lemonade Stand, 2008 Edition by Darrell Mullis