Accounting is fun!

Tonight I’m reading chapter 5 of my Accounting Principles textbook.  I’ve enjoyed the class so far and I’m excited to apply what I’ve learned to a real-life case: I’ll be doing the books at my brother’s game studio on Monday.  They don’t really have a set accounting system in place nor do they have any easily accessible financial statements, and I’ll be there all afternoon to set it up for them.  I had already given myself the day off and now I’m looking forward to doing some useful work at their offices.  Put some numbers in this column, name and prepare accounts, create the ledger spreadsheets, debit this account and credit that one, post a transaction to the ledger, write a trial balance, create an income statement, finalize the balance sheet… It sounds like a lot of fun to me.  For real.

June 17, 2008. Words.