This seminar is designed for new entrepreneurs with no financial statement background. You will learn:
* Six Basic Financial Transactions
* Three Basic Financial Statements
- What is a Balance Sheet?
- What is a Profit & Loss or Income Statement?
- What is a Statement of Cash Flow?
* Five Types of Financial Statement Accounts
* What is Double-Entry Accounting?
- Debits equals Credits
* Ten Common Transactions -- How They Are Recorded on the Balance Sheet and Profit & Loss Statement
* Statement of Cash Flow - Example from QuickBooks