Chart of Accounts, The Sequel, Part 1 of 2: S3E8

The (Not Boring) Boring Small Business Bookkeeping and Accounting Podcast · May 16, 2024 · 16m

Why did the accountant break up with their calculator? It just wasn't adding up! (Did we mention that Paul is still recovering from tax season?) No, seriously, we need to have a talk about your business adding up so our resident bookkeeping mensch, Paul Rosenblum, is taking his magnifying glass (instead of his calculator) to show you the financial story of your business. He’ll do this in two episodes. Part 1, this episode, is about the balance sheet accounts (you know: assets, liability and equity accounts) and part 2 will be about the income statement (also known as profit and loss). If you…