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Financial Statements for Beginners in 1 Hour or Less
Introduction
About this Course (0:51)
Your Free Learning & Activity BOOK
Accounting & Finance Basics in 29 Minutes
Let's Run a Business (3:09)
Accounting Defined (0:53)
Financial Transactions and Profit (6:29)
Accounts and the General Ledger (5:01)
Financial Reports (12:00)
Cash Flow & Budget
Importance of Cash (0:33)
Cash Flow (1:29)
Cash Flow Statement (4:47)
Budget and Cash (2:14)
Overspending and Underspending (2:26)
Income Statement
Financial Statements (1:00)
Revenue and Expenses (3:47)
Net Profit and Gross Profit (2:02)
COGS and COS (1:09)
Other Income (2:01)
Period (0:15)
Retained Earnings (3:13)
Relationship to Balance Sheet (1:02)
Review the INCOME STATEMENT in GoVenture FOOD TRUCK (8:08)
Balance Sheet
Financial Statements (1:00)
Assets and Liabilities (2:55)
Business Value (3:15)
Equity (4:03)
Increasing Equity (3:43)
Balance (2:37)
Dividends and Retained Earnings (1:47)
Period (0:11)
Review the BALANCE SHEET in GoVenture FOOD TRUCK (10:00)
End of Course and Next Steps
End of Course and Next Steps
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Review the BALANCE SHEET in GoVenture FOOD TRUCK
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