Recorded: May 19, 2020
Released: May 19, 2020
Intro by Clive Castle
Sounds by ZapSplat
This week Patrick dives deeper into Income Statements. They are more than just numbers on a report. They contain valuable information about activities that happen over a period of time. He explains Vertical Analysis and provides some suggestions on what to do with the information you receive after analyzing this financial statement.
Resources
Recorded: April 28, 2020
Released: April 28, 2020
Intro by Clive Castle
Sounds by Zapsplat
This week, Patrick provides the answers to the Sample Transaction Data that was included in last week’s show notes. If you haven’t completed the transactions yet be sure to do so before listening to the answers in this week’s episode. Let us know how well you did and whether you thought that the practice set was helpful or not.
Resources
Answers to Sample Transaction Data
Norcom 4-Column Columnar Pad – A great, inexpensive pad when practicing bookkeeping
Recorded: April 7, 2020
Released: April 7, 2020
In this week’s episode, Patrick talks about the two different methods of accounting: cash vs accrual. He explains the benefits of each and which one he feels is better.
Recorded: March 30, 2020
Released: March 31, 2020
Intro by Clive Castle
Sounds by Zapsplat
In this podcast’s first full episode, Patrick provides a quick message for everyone to be safe during this coronavirus pandemic. The rest of the episode is devoted to an explanation of the Chart of Accounts.
