Accounting Game: Basic Accounting Fresh from the Lemonade Stand / Edition 2
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Accounting Game: Basic Accounting Fresh from the Lemonade Stand / Edition 2

3.4 25
by Darrell Mullis, Judith Orloff
     
 

ISBN-10: 1402211864

ISBN-13: 9781402211867

Pub. Date: 03/01/2008

Publisher: Sourcebooks

"Fantastic Learning Tool...Don't let this book title fool you. It is not an oversimplification of accounting and financial principles. It is, however, a serious and very effective examination of a very small but progressively complex business. There are not many books available on the market that make a complex and dry subject understandable and even fun. This book…  See more details below

Overview

"Fantastic Learning Tool...Don't let this book title fool you. It is not an oversimplification of accounting and financial principles. It is, however, a serious and very effective examination of a very small but progressively complex business. There are not many books available on the market that make a complex and dry subject understandable and even fun. This book successfully does just that."
-Amazon Reviewer

The Clearest Explanation Ever of the Key Accounting Basics

The world of accounting can be intimidating. Whether you're a manager, business owner or aspiring entrepreneur, you've likely found yourself needing to know basic accounting...but baffled by complicated accounting books. What if learning accounting could be as simple and fun as running a child's lemonade stand? It can.

The Accounting Game presents financial information in a format so simple and so unlike a common accounting textbook, you may forget you're learning key skills that will help you get ahead! Using the world of a child's lemonade stand to teach the basics of managing your finances, this book makes a dry subject fun and understandable. As you run your stand, you'll begin to understand and apply financial terms and concepts like assets, liabilities, earnings, inventory and notes payable, plus:

--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

The revolutionary approach of The Accounting Game takes the difficult subjects of accounting and business finance and makes them something you can easily learn, understand, remember and use!

"The game approach makes the subject matter most understandable. I highly recommend it to anyone frightened by either numbers or accountants."
-John Hernandis, Director of Corporate Communications, American Greetings

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Product Details

ISBN-13:
9781402211867
Publisher:
Sourcebooks
Publication date:
03/01/2008
Edition description:
Updated
Pages:
180
Sales rank:
154,741
Product dimensions:
8.30(w) x 10.80(h) x 0.60(d)

Table of 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

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Accounting Game 3.4 out of 5 based on 0 ratings. 25 reviews.
BIS More than 1 year ago
This is a short book for learning accounting fast. It gets right to the point and is a good reference book. It shows you the basics. To go deeper into accounting I recommend Financial Statement Analysis and Security Valuation by Penman which is also a great book.
Anonymous More than 1 year ago
I learned a lot from this book. Definitely gave me a better understanding on the subject. Currently studying for my bachelors in accounting and management information systems.
Anonymous More than 1 year ago
This book is fantastic however the illustrations are horrible on the nook! You can not make out the charts that are presented because they are blurry and unreadable. If this was fixed it would be a 5 star.
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Guest More than 1 year ago
I recommend purchasing this book for all those who are considering to learn accounting and want it to be practical at the same time without having to mug up concepts. It uses lemonade business daily operations to exhibit to the reader how accounting really works, and what can you expect in your work life when you turn an accountant. I leanred alot.
Guest More than 1 year ago
If you have ever wondered where to get a solid information about accounting which would help you build a solid foundation - your search has stopped here! The illustration this books offers is very simple yet profound and aids you in understanding how the langauge of business works. I very much recommend it.
Guest More than 1 year ago
Before I read this book I didn't know a thing about accounting or record keeping. I had read a few other books on accounting but never managed to get past chapter 1! But 'The Accounting Game' is different. It uses a practical scenario to take you through the world of finance, which many people fear (my head use to spin). It teaches you the concepts, not just the boring details. I highly-highly recommend it for all.
Anonymous More than 1 year ago
Nice