Suggested Reading Instructions

Limited financial knowledge:
Maybe read the 7 client stores (pages 107 – 114)
Tips, Pitfalls with stories, info (pages 115 – 145)
Then can start reading the book.
Besides learning the Income Statement (pages 1 – 53)
and the Balance Sheet (pages 55- 85)

VERY IMPRTANT: Accrual vs Cash Method (pages 87 – 91)
Verify numbers on Statements (pages 93 – 96)


Member of organizations:
Besides learning the Income Statement (pages 1 – 53)
and the Balance Sheet (pages 55- 85)

VERY IMPRTANT: Accrual vs Cash Method (pages 87 – 91)
Verify numbers on Statements (pages 93 – 96)


Retail Business:
Besides learning the Income Statement (pages 1 – 53)
Balance Sheet: (pages 55 – 85)

Accrual vs Cash Method (pages 87 – 91)
Daily Cash reconciliation (pages 147 – 153)
Verify numbers on Statements (pages 93 – 96)


Service Business:
Besides learning the Income Statement (pages 1 – 53)
Balance Sheet (pages 55 – 85)
Verify numbers on statements (pages 93 – 96)

Job costs (non retail) (pages 155 – 159)


Manufacturing Business:
Similar to retail except products sold were made than bought.


For All:
Read the balance of the book that interests you.