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Accounting Made SimpleBy Mike Piper

In a Nutshell

Accounting Made Simple is your guide to learning the fundamental charts, equations, and concepts of managing a business's financial statements.

Favorite quote

For every transaction, a journal entry must be recorded that includes both a debit and a credit.

Mike Piper

Introduction

What is a chart of accounts? Why do we have to know our profits and losses? Although confusing sometimes, accounting is a powerful tool to check the health of your business and of your personal finances. With Mike Pipers Accounting Made Simple: Accounting Explained in 100 Pages or Less, find out how to understand the core principles of accounting so you can apply them easily in your own life. After this, you'll excel at all things finance-related!

Here are the 3 key insights from this Hack

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    Accounting helps companies prepare for the future
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