Entrepreneurship internet instructional resources
    Entrepreneurial Educational Services, Inc. - Blog    @EntrepEdSvcs     

Interactive Module

NOTE:  This module is a ROUGH DRAFT.

Module 6 - Basic Double-Entry Financial Accounting for the First-Time Entrepreneur

Module Goals

  • To explain the basic accounting equation.
  • To introduce the elements of financial statements: assets, liabilities, contributions by owners, distributions to owners, equity, revenues, expenses, gains, and losses.
  • To explain the double-entry system of accounting.
  • To create, evaluate and analyze financial statements and describe the way each interrelates.
  • To demonstrate how business decisions affect the different financial statements.
Expanded Module 6 Goals