Introduction to Accounting in Ag

This lesson discusses the difference between bookkeeping and accounting, and presents various types of accounting methods and the pros and cons of each. It also introduces the three standard financial statements: income statement, balance sheet, and cash flow statement. Basic accounting terms, such as assets and liabilities, are covered.

Introduction to Accounting in Ag Video:



How much do you know? Take a quick quiz now, and again after completing the lessons to track your growth.

Take Pre-Test