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Monthly Muse: July 2022
They say that July is, on average, the warmest month of the year in the northern hemisphere. And, after experiencing 40.3 degrees Celsius this month in the UK (the hottest day ever recorded), I’d say they’re probably right.
Anyway, coming in hot, here’s July’s Monthly Muse.
A book I’m currently reading
“Accounting Made Simple: Accounting Explained in 100 Pages or Less” by Mike Piper
Description: Find all of the following explained in Plain-English with no technical jargon: The Accounting Equation and why it’s so significant; How to read and prepare financial statements; How to calculate and interpret several different financial ratios; The concepts and assumptions behind Generally Accepted Accounting Principles (GAAP); Preparing journal entries with debits and credits; Cash method vs. accrual method; Inventory and Cost of Goods Sold; How to calculate depreciation and amortization expenses.