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Accounting Game Basic Accounting Fresh from the Lemonade Stand

ISBN-10: 1402211864
ISBN-13: 9781402211867
Edition: 2nd
List price: $19.95 Buy it from $3.59
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Description: "Fantastic Learning Tool...Don't let this book title fool you. It is not an oversimplification of accounting and financial principles. It is, however, a serious and very effective examination of a very small but progressively complex business. There  More...

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Book details

List price: $19.95
Edition: 2nd
Publisher: Sourcebooks, Incorporated
Publication date: 3/1/2008
Binding: Paperback
Pages: 192
Size: 8.25" wide x 10.50" long x 0.50" tall
Weight: 1.562
Language: English

"Fantastic Learning Tool...Don't let this book title fool you. It is not an oversimplification of accounting and financial principles. It is, however, a serious and very effective examination of a very small but progressively complex business. There are not many books available on the market that make a complex and dry subject understandable and even fun. This book successfully does just that." -Amazon Reviewer The Clearest Explanation Ever of the Key Accounting Basics The world of accounting can be intimidating. Whether you're a manager, business owner or aspiring entrepreneur, you've likely found yourself needing to know basic accounting...but baffled by complicated accounting books. What if learning accounting could be as simple and fun as running a child's lemonade stand? It can. The Accounting Game presents financial information in a format so simple and so unlike a common accounting textbook, you may forget you're learning key skills that will help you get ahead! Using the world of a child's lemonade stand to teach the basics of managing your finances, this book makes a dry subject fun and understandable. As you run your stand, you'll begin to understand and apply financial terms and concepts like assets, liabilities, earnings, inventory and notes payable, plus: --Interactive format gives you hands-on experience --Color-coded charts and worksheets help you remember key terms --Step-by-step process takes you from novice to expert with ease --Fun story format speeds retention of essential concepts --Designed to apply what you learn to the real world The revolutionary approach of The Accounting Game takes the difficult subjects of accounting andbusiness finance and makes them something you can easily learn, understand, remember and use! "The game approach makes the subject matter most understandable. I highly recommend it to anyone frightened by either numbers or accountants." -John Hernandis, Director of Corporate Communications, American Greetings

JUDITH ORLOFF, M.D., a psychiatrist and practicing intuitive, is an assistant clinical professor of psychiatry at UCLA. She is the author of the bestsellers Dr. Judith Orloff's Guide to Intuitive Healing and Second Sight. She is an international lecturer on the interrelationship of intuition, energy, and medicine. Her work has been featured on NPR and CNN and in USA Today and O, The Oprah Magazine. For more information, please visit www.drjudithorloff.com. From the Hardcover edition.

Introduction
Pre-Test
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
Post-Test
Answer Key
Glossary
Index
About the Authors
Diploma

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