The Great Destroyer by David Limbaugh

By David Limbaugh

Obama has been a one-man wrecking ball

When it involves our prosperity, our freedom culture, and our constitutional executive, President Barack Obama has been the nice destroyer—knocking down the free-market economic climate and rules of constrained executive that experience made the United States the envy of the world.

As big apple instances bestselling writer David Limbaugh records in chilling element in his new e-book, the good Destroyer, the Obama management has waged a continuing, approximately four-year-long struggle to remodel our kingdom right into a kingdom the place federal bureaucrats have extra strength over our lives than we do; the place leftist crony capitalism depending on govt subsidies is changing the genuine factor; the place, in an Orwellian inversion of which means, a savagely weakened nationwide security in some way makes us more suitable and trillions in deficit spending on counterproductive govt “stimulus” and welfare courses by some means makes us richer.

Limbaugh unveils the truth at the back of the administration’s rhetoric. within the nice Destroyer you’ll learn:

the genuine bills of Obama’s crony capitalism scandals—it’s even worse than you think
How Obama spends our economic system into oblivion whereas relentlessly demonizing those that try and cease the bleeding
How the Obama management has again and again, nearly systematically, violated the structure to accomplish its goals
How the Obama management has empowered shadowy unelected bureaucrats to figure out how we are living, and the successes they have already got in doing that
and masses extra …

In irrefutable aspect, David Limbaugh, like a prosecuting lawyer, makes his case that the Obama management is a true and current hazard to America’s destiny. there's no extra accomplished indictment of the Obama management because it seeks re-election than the good Destroyer. it's a e-book that each American fearful concerning the way forward for our kingdom needs to learn.

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If a customer buys your product on store credit, in which account would you record the transaction: a. Accounts Payable b. Accounts Receivable c. Credit account d. Would not record until the customer pays the bill Solve It You receive a bill for a new shipment of products. Where would you record that bill in the accounting system so you can pay it in the future? a. Cost of Goods Sold account b. Credit account c. Accounts Payable d. Expense account Solve It 23 24 Part I: Exploring Bookkeeping Basics Cycling Through the Bookkeeping Process In addition to understanding all the new terminology and types of accounts, as a bookkeeper you’ll also need to understand how the accounting cycle works.

2. In what section of your Chart of Accounts would you list the account called Sales? a. Current Assets b. Long-term Assets c. Current Liabilities d. Equity 1. In what section of the Chart of Accounts would you list the account called Inventory? a. Current Assets b. Long-term Assets c. Cost of Goods Sold a. Current Assets b. Revenue c. Equity d. Long-term Assets d. Expenses Solve It Solve It Chapter 3: Sorting Out Your Business Road Map 3. In what section of the Chart of Accounts would you list the account called Advertising?

The key to double-entry accounting and the balance of the books is this formula: Assets = Liabilities + Equity That’s the formula for the balance sheet, which I’ll talk about in greater detail in Chapter 15 after you learn all the items that are used to make up the balance sheet. Basically what you need to remember is that any time you enter a financial transaction, as least two accounts will be impacted by the transaction. In each entry you must have one debit and one credit. Now, you need to forget everything you ever learned about the meaning of debits and credits.

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