Accounting Lesson 3 Part 1: Financial Statements Overview

This is part 1 of the third lesson in my series to teach basic accounting concepts.
Here is the entire series playlist:

To see the financial statements in QuickBooks and Wave:

0:00 Overview
1:02 Income Statement
2:33 Formatting
3:58 Statement of Owner's Equity
5:45 Balance Sheet
7:11 Statement of Cash Flows
7:51 Financial Reports for Lesson 2 example

Disclaimer: This video is not intended to replace advice from your CPA or tax preparer.