Accounting Made Simple

Get ready to tackle accounting in the simplest way possible! This book explains complex topics with plain English, no jargon. Learn the significance of the Accounting Equation, how to read financial statements, interpret financial ratios, and understand GAAP. You'll also discover how to prepare journal entries and differentiate between cash and accrual methods. Plus, dive into Inventory and Cost of Goods Sold, and calculate depreciation and amortization expenses.