Accounting

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  • lets walk around the corner real quick bro I'll explain it to you.
  • Well whats so "stupid" about it you need accounting just to be productive in life bro?
  • Whats going on with you my brother... you good?
  • I don't need to pay somebody to count the money I make. What I look like a fool to you?
  • Man I have a stupid accounting project that I need to finish.
  • Yeah you got a point but that doesn't apply to me. 
  • Accounting is a system put in place for you and your financial records. Without it people would be living frivolous with their earnings.
  • Just remember you need somebody to plan , record , analyze , and interpret your financial records.
  • Hold on bro I didn't know that it was this much to managing your money. I'm overwhelmed. 
  • Accountants and bookkeepers prepare and maintain financial records. They make sure that financial records are accurate and prepared correctly.
  • But i have one question. Whats an easier way to remember your accounting system?
  • Exactly and that's not even the majority of it. 
  • You really just gave me a lot of valuable information to use for my project tonight bro. Appreciate it .
  • Ok I see what you mean. Here's a equation...owners equity + liabilities = assets. You'll understand it more once you set up a accounting plan. 
  • Alright bet bro I'm about to go to the house.
  • Nawl bro it's cool .
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