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Full Description
Confused by accounting? Start with a lemonade stand.
Whether you're launching a small business, running a side hustle, or just want to feel confident reading a balance sheet, The Accounting Game makes learning accounting fast, fun, and unforgettable.
This bestselling guide uses the story of a child's lemonade stand to teach real-world accounting basics, without the confusing jargon. Through interactive lessons, step-by-step worksheets, and a gamified format, you'll master key financial skills like tracking expenses, understanding cash flow, and building profit.
Included you'll find:
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
Used in classrooms, corporate trainings, and homeschool curriculums around the world, this is the go-to accounting book for people who hate accounting books.
Contents
Introduction
Pre-Test
Chapter 1: Cash, Original Investment, Assets, Liabilities, Notes Payable, Owner's Equity, Balance Sheets, Inventory, Earnings, Expenses
Chapter 2: Gross Profit, Net Profit, Income Statements, Cash Flow
Chapter 3: Retained Earnings, Loans, Credit, Accounts Payable, Notes Payable
Chapter 4: Paid Labor, Accounts Receivable, Bad Debt, Interest, Prepaid Expenses, Accrual Method, Cash Method, Creative Accounting
Chapter 5: Service Businesses
Chapter 6: FIFO, LIFO
Chapter 7: Cash Statements, Fixed Assets, Capitalization, Depreciation
Chapter 8: Profits vs. Cash
Chapter 9: Taxes, Liquidation
Chapter 10: Final Analysis - Improving Profits
Post-Test
Answer Key
Glossary
Index
About the Authors
Diploma