{"id":2866,"date":"2023-02-22T21:42:32","date_gmt":"2023-02-22T21:42:32","guid":{"rendered":"https:\/\/course.oeru.org\/ient103\/?page_id=2866"},"modified":"2023-02-22T21:42:32","modified_gmt":"2023-02-22T21:42:32","slug":"start-financial-statements-learning-challenge","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/ient103\/learning-pathways\/understanding-financial-statements\/start-financial-statements-learning-challenge\/","title":{"rendered":"Start &#8211; Financial statements learning challenge"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\"><div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"summary\" src=\"https:\/\/course.oeru.org\/ient103\/wp-content\/themes\/oeru_course\/idevices\/Icon_summary.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Challenge summary<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"100px\"><b>Summary<\/b>:<\/td>\n<td>Business financial statements<\/td>\n<\/tr>\n<tr>\n<td>\n<div class=\"floatleft\"><a href=\"https:\/\/wikieducator.org\/File:Time7.svg\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"Time7.svg\" src=\"\/\/wikieducator.org\/images\/thumb\/8\/88\/Time7.svg\/30px-Time7.svg.png\" width=\"30\" height=\"30\" class=\"img-responsive\"><\/a><\/div>\n<\/td>\n<td>2 hours<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/p>\n<p>\n<\/p>\n<h2><span class=\"mw-headline\" id=\"Start_here\">Start here<\/span><\/h2>\n<div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"web resources\" src=\"https:\/\/course.oeru.org\/ient103\/wp-content\/themes\/oeru_course\/idevices\/Icon_inter.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Stimulus resources<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<p>These three &#8216;How to&#8217; articles will be helpful. You may also use any other resources from this learning pathway:\n<\/p>\n<ul>\n<li> <a rel=\"nofollow\" class=\"external text\" href=\"http:\/\/accounting-simplified.com\/financial\/statements\/income-statement-profit-and-loss.html\">Income Statement<\/a>\n<\/li>\n<li> <a rel=\"nofollow\" class=\"external text\" href=\"http:\/\/accounting-simplified.com\/financial\/statements\/statement-of-financial-position.html\">Balance Sheet<\/a>\n<\/li>\n<li> <a rel=\"nofollow\" class=\"external text\" href=\"http:\/\/accounting-simplified.com\/financial\/statements\/cash-flow-statement.html\">Statement of Cash Flows<\/a>\n<\/li>\n<\/ul>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<p>\n<\/p>\n<div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"objectives\" src=\"https:\/\/course.oeru.org\/ient103\/wp-content\/themes\/oeru_course\/idevices\/Icon_objectives.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Purpose<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<p>The purpose of this learning challenge is to:\n<\/p>\n<ul>\n<li> prepare basic financial statements for a business start-up\n<\/li>\n<li> read and interpret basic financial statements of a business\n<\/li>\n<li> examine the effects and significance of cash flow for a business start-up\n<\/li>\n<\/ul>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.054 seconds\nReal time usage: 0.059 seconds\nPreprocessor visited node count: 366\/1000000\nPreprocessor generated node count: 1145\/1000000\nPost\u2010expand include size: 7328\/2097152 bytes\nTemplate argument size: 2087\/2097152 bytes\nHighest expansion depth: 8\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:182489-0!*!*!*!*!2!* and timestamp 20230222214232 and revision id 1060440\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/ient103\/learning-pathways\/understanding-financial-statements\/cash-flow\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/ient103\/learning-pathways\/understanding-financial-statements\/tasks-financial-statements-learning-challenge\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div id=\"wenote-ids\"><script type='text\/javascript' id='wenotes-ids'>\n    var WEnotesSite = \"https:\/\/wikieducator.org\";\n    var WEnotesPath = \"\/Introduction_to_entrepreneurship\/IENT103\/Statements\/Start\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"b56c4400f9f7ecbce0e7d1ddb5b117e9\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Introduction_to_entrepreneurship\/IENT103\/Statements\/Start\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"b56c4400f9f7ecbce0e7d1ddb5b117e9\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>Start here \u2190 Previous Next \u2192<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":2852,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2866","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/ient103\/wp-json\/wp\/v2\/pages\/2866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/ient103\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/ient103\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient103\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient103\/wp-json\/wp\/v2\/comments?post=2866"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/ient103\/wp-json\/wp\/v2\/pages\/2866\/revisions"}],"predecessor-version":[{"id":2867,"href":"https:\/\/course.oeru.org\/ient103\/wp-json\/wp\/v2\/pages\/2866\/revisions\/2867"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient103\/wp-json\/wp\/v2\/pages\/2852"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/ient103\/wp-json\/wp\/v2\/media?parent=2866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}