How to complete good statement of financial position?
I can do multiple choices of accounting very well but i don't know how to do statements. #accounting
3 answers
Jacob’s Answer
Geoffrey’s Answer
There are various free interactive resources online where you can learn the Accounting basics taught as a story from the basic concept to the preparation of the statements. This will help make the connection between concepts and the actual financial statements.
You can check out a resources like:
https://www.accountingcoach.com/accounting-basics/explanation
there are many others including You Tube videos explaining the financial statements
all the best.