TL;DR Let’s start with some assumptions: You have put in the time and effort to understand accounting fundamentals. You know how Net Income flows to the Balance Sheet. You can explain how a business can have a lot of profit but hardly any cash. You understand that credit card payments are not expenses. Etcetera.
The One Where I Listen
The One Where I Listen
The One Where I Listen
TL;DR Let’s start with some assumptions: You have put in the time and effort to understand accounting fundamentals. You know how Net Income flows to the Balance Sheet. You can explain how a business can have a lot of profit but hardly any cash. You understand that credit card payments are not expenses. Etcetera.