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Struggling to make sense of terms like accruals, equity, debits, credits, or balance sheets? You’re not alone — and today, we’re breaking down the accounting basics in a way that finally makes sense.
In this episode of Financial Fitness for Entrepreneurs, Coach Rhonda walks you through the foundational concepts every business owner needs to confidently read their numbers, make smarter decisions, and stop relying on guesswork.
You’ll learn:
- The true purpose of bookkeeping (and why your CPA doesn’t catch day-to-day mistakes)
- Simple fitness-based analogies that make accounting “click”
- The difference between cash and accrual accounting
- What assets, liabilities, equity, and profit really mean
- How to strengthen your financial form with weekly habits
- The step-by-step Money Workout process from episodes 1–3
Plus, you’ll get a free Bookkeeping Basics Cheat Sheet to help reinforce everything you learn today.
💪 Step into the Money Gym — and let’s make accounting simple, clear, and empowering. Go to mmbookkeepingsvc.com/downloads to get your copy.
5 episodes