The Basic Accounting Series
The Basic Accounting Series cover what you find in typical Accounting 101 classes. To get the most out of the series, please read the articles on basic accounting in the order below:
Assets: What the business owns
The Accounting Equation: How much a business owns = How much people put into the business
Financial Statements: An introduction to the Income Statement and Balance Sheet
Income Statement: How much did the business earn in a certain period?
Balance Sheet: The accounting equation expanded
Introduction to Financial Accounting (Eleventh ed.) by Horngren, Sundem, Elliott and Philbrick