Financial Accounting 2 & 3: Recording Transactions & Financial Statements
This section makes use of examples from Business Accounting v 2.0, which is licensed CC-BY-NC-SA but whose original publisher has since requested to remove attribution.
If you are anything like childhood (and sometimes current) me, you may have found financial statements rather boring and inaccessible. No colors, no pictures, no real explanations of what was the deal with all these numbers. Even more recently, despite my entrepreneurial interests, I was scared off by the prospect of preparing financial statements. If I couldn’t read one how was I supposed to write one? What do these numbers mean? WHAT IS THIS GOBBLEDYGOOK AAAAAHHHHH
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