The Chaotic Coffee Stand

Can you turn a profit in 30 days?

Built for teaching purposes by Prof.ass.dr. Arbër Hoti, AC, KC, ABC

Daily Event

Welcome to Day 1! You start with $1,000 cash, a $1,200 espresso machine, and $300 in inventory. Your cost (COGS) is exactly $1 per coffee.

Log Transaction

Click the accounts to record what happened. Your debits must equal your credits!

Debit (What you Got)

Credit (What you Gave)

DEBITS: $0.00 | CREDITS: $0.00

Balance Sheet

ASSETS

Cash $1,000.00
A/R $0.00
Inventory $300.00
Total Current Assets $1,300.00
Equipment $1,200.00
Accum. Depr. ($0.00)
Net Fixed Assets $1,200.00
TOTAL ASSETS $2,500.00

LIABILITIES

TOTAL LIABILITIES $0.00

EQUITY

Owner's Capital $2,500.00
Retained Earnings $0.00
TOTAL EQUITY $2,500.00
TOTAL L+E $2,500.00

Income Statement

(Month-to-Date)

REVENUE

Sales $0.00

EXPENSES

COGS $0.00
Rent $0.00
Repairs $0.00
Depreciation $0.00
Total Expenses $0.00
NET INCOME $0.00

Journal Log

Day 1: Initial Setup...