The Accounting Game: Basic Accounting Fresh from the Lemonade Stand

Mullis, Darrell; Orloff, Judith Handler; Bograd, Larry; Educational Discoveries

ISBN 10: 1570713960 / ISBN 13: 9781570713965

Published by Sourcebooks Inc, 1998

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Synopsis:

Basic Accounting Fresh From the Lemonade Stand

The world of accounting can be intimidating. But, more often than not, there's no way to avoid it--even non-financial jobs venture into financial jargon and concepts. For those trying to get more done at the office, organize the dollars and cents in a small business or just in need of a refresher, there's no reason to turn to the average number-crunching class again.

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!

This book uses the world of a kid's lemonade stand to teach the basics of financial language and records. You'll run your own lemonade stand and make it grow by creating signs to advertise it, borrowing money from Mom, buying lemons and sugar and selling to the whole neighborhood. 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:

--Know the difference between accrual vs. cash accounting methods
--Create and understand an income statement and balance sheet
--Track inventory using LIFO and FIFO
--Create cash statements and understand cash flow and liquidity
--Apply your new knowledge to real-life situations

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

The Accounting Game is produced by Educational Discoveries, the training industry's leader in accelerative learning technology. More than 70,000 people have graduated from The Accounting Game, the world's most successful one-day financial seminar.

From the Author: Knowing accounting means knowing the language of business
We are soooo happy to have written such a fun and interesting book on such a dry subject like accounting. The information you learn from reading the book will be retained and be able to be used immediately because it is folded into a story about a kid, a lemonade stand and a summertime journey into becoming an entrapreneur. E mail me after you read it and let me know how you like it.

And, to Amazon.com, thank you for the opporutnity to write something about The Accounting Game.

Bibliographic Details

Title: The Accounting Game: Basic Accounting Fresh ...
Publisher: Sourcebooks Inc
Publication Date: 1998
Binding: Soft cover
Condition: VeryGood