Chapter 2: Key Accounting Information

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This chapter will take you through the components of the profit and loss and the balance sheet financial statements.  It will also describe to you other key accounting considerations for small business.

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2.1 COGS and Expenses

2.2 Breakeven Analysis

2.3 Income: Revenues and Gains

2.4 Profit and Loss Statement

2.5 Assets

2.6 Liabilities and Equity

2.7 Balance Sheet

2.8 Key Accounting Considerations

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