BLACK AND BROWN OPPORTUNITIES FOR PROFIT CENTER

“Chart of Accounts & Understanding a Profit & Loss & Balance Sheet” with Michelle Davis

  • Chart of Accounts (COA) – A categorized list of financial accounts (Assets, Liabilities, Equity, Income, Expenses) that organizes business transactions in QuickBooks.
  • Profit & Loss (P&L) Statement – Shows business profitability over a period by calculating Revenue – Expenses = Net Profit (or Loss).
  • Balance Sheet – Provides a financial snapshot at a specific time, following the equation: Assets = Liabilities + Equity to assess stability.
  • QuickBooks Reporting – Helps track financial health by organizing transactions, running reports, and analyzing profitability and cash flow.

Speaker

Michelle A. Davis

Business Advisor & Tax Professional

  • Date : February 6, 2025
  • Time : 6:00 pm - 8:00 pm (America/Los_Angeles)
  • Venue : 599 N. Arrowhead Avenue, San Bernardino, CA 92401