Welcome to Accounting101.org.
The goal of this site is to make learning accounting easier, and to provide a helpful resource for anyone who wants a better understanding of how accounting works.
Choose a topic below to get started…
Accounting is the language of business… it allows us to understand what is going on with every part of a business in a systemized, and organized way.
In this section you’ll learn the basics of accounting such as the accounting equation, the balance sheet, income statement, and cash flow statement.
This video and explanation will show you how a balance sheet is structured, and will help you understand what the different sections of the balance sheet mean.