Methods to create Monetary Statements from scratch! A step-by-step information!

Methods to create Monetary Statements from scratch! A step-by-step information!
How to create Financial Statements from scratch! A step-by-step guide!

On this video we’ll begin a brand new enterprise, put in some capital, conduct transactions for 1 month after which file the transactions, create a trial stability, after which monetary statements.

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27 thoughts on “Methods to create Monetary Statements from scratch! A step-by-step information!

  1. Okay!!! You are an amazing teacher and you just earned a subscriber. I was writing a business pitch and I was asked of my financial statement. Watching your video got me feeling like I have known this before now…..PS:: I am a science student and know nothing about accounting. Thank you so much sir. I love you

  2. Thanks CFO for the simple way of presentation. Much loved it! My question is if we have FA purchases in a period should have depreciation expense as per schedule which needs to be considered, right?

  3. Thank you so much!! I literally needed someone to work through a problem from start to finish–Thank you–Online courses without instructor videos are brutal. You are so appreciated.

  4. I am starting a small online rug business where i only invesr 200$ a month for 12 months to build this business ( all i need is the rugs of course and i buy 3 rugs each 2 months + website + product photography + packaging + one freelancer employee for social media management + some ads each month on Instagram)

    Can i create this business with this small investment as a monthly small payments (200$ each month) i almost budget it all to fit well but is it sustainable? Or should the investment be paid at once in the starting of the business?

  5. Finally, English! Not sure why the textbook makes it seem so much more complicated. Got through 3 intermediate classes struggling through journal entries and the correlation on how to go through each step. Thank you so much

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