192 followers

Follow

Follow

Follow

1/2

0 saved

Why Profit ≠ Cash (Understanding Accounting Profit vs. Cash Flow)

1 day agoEdited to

Related posts

Tips and tricks ❤️💓🫶🏻 #accounting #tipsandtricks #student #career #fyp

1221 likes

A hand holds a thick stack of US dollar bills, with pink text overlayed reading '7 BORING BUSINESSES TO MAKE IT RAIN CASH'. Pink flower doodles are also visible, along with 'lemon8 @gigifuking' branding.

A hand holds a large stack of US dollar bills, with white text listing seven cash cow businesses: Laundromat, Landscaping, Parking Lots, Storage Facility, Waste Management, Nail Salon, and Accounting Firm, each with a brief description.

A hand holds a large stack of US dollar bills, with pink text overlayed reading 'THESE ARE BUSINESSES TO OWN TO RAKE IN THE CASH'. Smaller text below states '*** working in them may not have the same effect****'. 'lemon8 @gigifuking' is at the bottom.

Cash Cow businesses 💵 🐮 ✨

~ Laundromat 🧺 Self Serve, only need 1-2 employees at all times. Low maintenance ~ Landscaping 🌲🌳 Contract, consistent weekly|bi-weekly customers - Parking Lots 🚗🚙 only need empty lot. Get meters/pay machine -Storage Facility 📦 Low work load. Just a place to keep peoples stuff. Monthly pay

4847 likes

A study desk with an iPad, highlighter, textbook, and notes, featuring the title "How to get a 4.00 GPA Based on your Major" and "All majors included!".

Strategies for Business & Management Majors (Business Management, Accounting, Finance, Economics), including Active Participation, Case Study Analysis, Practice Financial Modeling, and Utilize Study Groups, with mentions of MarketingSherpa and GroupMe.

Strategies for Communications & Education Majors (Communications, Education), including Create Multimedia Presentations, Peer Teaching, Reflective Journaling, and Attend Workshops, with mentions of Canva and Notion.

Major-Specific Strategies to Achieve a ✨4.0 GPA✨🎓🧠

🎓1. Business & Management Majors (Business Management, Accounting, Finance, Economics) ✅Active Participation: Example: In a Marketing class, when discussing a case study like Coca-Cola’s rebranding, share your analysis of the marketing mix (4Ps). This not only engages you in the materi

7049 likes

A notebook page titled "what does it mean to CARRY YOUR CROSS" with Luke 9:23, explaining that it means denying oneself, living for God's will, trusting God, denying worldly things, and carrying one's cross publicly, not privately. A drawing of a cross is included.

A notebook page titled "God's timeline" stating that no season is wasted, God uses everything to draw you closer, prayers are not forgotten, God is preparing you, and He will show you why He made you wait. Deuteronomy 31:8-9 is referenced.

A notebook page with notes on "Anxiety," including Bible verses like Psalm 62:8 and Hebrews 13:6, encouraging trust in God and casting anxiety on Him. It also features a prayer for anxiety, asking for help to let go and have faith.

Bible study note ideas

#biblestudy #biblenotes #bible notes #bible

2615 likes

An infographic titled 'The Accounting Equation' explaining Assets = Liabilities + Owners Equity. It details each component with definitions, debit/credit rules, impact of income/expenses, cash flow formulas, importance, what high/low numbers represent, general targets, and examples like cash, inventory, credit cards, loans, common stock, and retained earnings.

Day 1/60 Road to CFO: The Accounting Equation

Accounting Fundamentals: The Accounting Equation Often times the first thing you’ll learn in a college Accounting course… and many would say it’s the most important concept in Accounting (hence the name) But what’s so special about it? Let’s dive in. ➡️ What the idea? This equati

655 likes

An infographic titled 'Debits & Credits' illustrates the rules for debits and credits on Balance Sheet accounts (Assets, Liabilities, Owners Equity) and Profit & Loss accounts (Income, Expenses, Net Income). It shows how increases and decreases are recorded for each, and the flow of Profit & Loss into Owners Equity via Retained Earnings, with example accounts.

Day 9/60 Day of CFO: Debits & Credits

Master your Debits & Credits 👇 Debits & Credits can be a real challenging concept to grasp when starting off in accounting They are pretty much a whole new language…and most people think they are too confusing to understand But they are actually really simple First.. ➡️ What

84 likes

The front cover of the book 'Investing 101: A Crash Course in Building Personal Wealth' by Michele Cagan, CPA. It features illustrations of financial concepts like a money bag and charts, with text snippets about mutual funds and investment risks.

An open page from the book 'Investing 101' discussing 'Exchange-Traded Funds (ETFs)'. The text defines ETFs, explains their history, and describes how they track indexes and allow investment in various assets.

An open page from the book 'Investing 101' titled 'Day Trading and Short-Term Trading'. It explains the nature of day trading, its risks, and the difference between day trading and short-term trading, mentioning technical analysis.

💸Crash Course: Investing 101💰

When you want to invest but the stock market sounds like Statistics—thankfully, ‘INVESTING 101’ is only $5 at Five Below! Financial literacy just went on sale, girlies. Time to grow that portfolio! 💸💸💸💰💰💰💰 . . Can be bought at “5 Below” for 5.00 + Taxes! #financialliteracybooks #investingfor

1203 likes

6 Free Accounting Skills to Put on Your Resume✨

These are real accounting skills you can learn for FREE and every single one deserves to be on your resume. No degree required. Just Wi-Fi and consistency. 📌 Sage Accounting Course – sageu.com 📌 QuickBooks Certification – quickbooks.intuit.com 📌 Excel Tutorials – Search “Excel accounting tuto

411 likes

A light-colored background with floral designs features the title 'Accounting Scholarships' and text stating the author won over $100k in scholarships and will share how. A Lemon8 watermark is in the corner.

A light-colored background with floral designs lists several accounting scholarships, including AICPA, Frank L. Greathouse, Educational Foundation for Women in Accounting, Stokes, and Washington CPA Foundation. A Lemon8 watermark is present.

A close-up of a tabby cat looking downwards, resting on a blue textured surface. The text 'GOOD LUCK' with a pink heart is overlaid on the image. A Lemon8 watermark is in the corner.

accounting scholarships

I was asked to do a post about accounting scholarships!! Here are some of the accounting scholarships I was able to find🩷🩷 If you are majoring in accounting make sure to check these out! When applying to scholarships, check out my series on scholarship tips! I go over how to write a resume,

62 likes

How to Invest for Beginners - Stock Market📈

How do you actually make money from investing in stocks? Understanding the various avenues through which you can profit from equities is key to navigating the dynamic world of the stock market. Here are the primary ways you can potentially make money: 📈Fundamental Earning Mechanisms Capital Gai

985 likes

A resume template for Jonathan Brooks, an early-career tech professional, with sections for summary, work experience, education, skills, and certificates. The text "Get Hired by Top Companies!" is overlaid in orange.

A resume template for Sarah Morgan, a customer service representative, detailing her professional summary, education, work experience, and skills. The text "Stand out Get Hired!" is overlaid in orange.

A resume template for Ethan Rodriguez, a finance and accounting executive, showcasing his professional summary, work experience, skills, and educational background. The text "Easy to edit!" is overlaid in orange.

Resume Templates - Hired by Top Companies ✅

With over 5 years of experience recruiting for global companies like BMS, Merck, Amazon, Johnson&Johnson, Stryker, Northrop - I’ve reviewed thousands of resumes and helped hundreds of professionals land interviews at Fortune 500 companies. I’ve learned what hiring managers like and what gets

158 likes

A young woman with long dark hair, wearing a pink satin shirt, smiles at the camera while sitting at a table. Overlay text reads: 'Tools and sites I use as a cybersecurity student to progress my skills and keep me interested in studying'.

A screenshot of 'The Hacker News' website, displaying various cybersecurity news articles from January 2025, including topics like vulnerabilities, malware, cyber espionage, and AI jailbreak methods. An ad for Zscaler and a banner for CIS Hardened Images are also visible.

A screenshot of the O'Reilly learning platform, showing various books and expert playlists related to AI, engineering, and data. Overlay text highlights the subscription cost ($50/month or $499/year) and its value for accessing books and live events.

Tools and sites I use as a cybersecurity student 🌸

#cybersecuritystudent #cybersecurity #techgirlie

112 likes

A collage of five business books, including 'Subscribed,' 'Profit First,' 'Your Next Five Moves,' 'The Thinker's Edge,' and 'Choose Your Enemies Wisely,' under the title 'Turn your Side hustle Into a Business.'

The book 'Choose Your Enemies Wisely' by Patrick Bet-David, with the text 'How to handle competition' above it, suggesting strategies for managing business rivals.

The book 'The Thinker's Edge' by John C. Maxwell, displayed with the phrase 'It all starts In your head,' emphasizing positive mindset training.

From Side hustle to a business

Listen, when I first started my business, I had no idea what I was doing. I knew what I wanted to do, but absolutely no idea how to get there. I read lots of books, but these, these were top tier for me. I learned so much and applied a lot to my business. Although I’m still learning, (learning neve

97 likes

A textured image with 'SPIRITUAL IDENTITY THEFT IS REAL.' Two dark hands reach towards a traditional wooden mask, a lit candle, and jars of herbs, symbolizing the appropriation of spiritual practices. A quote from Jeremiah 23:30 about stealing words is included.

SPIRITUAL IDENTITY THEFT Understanding Its Reality

Spiritual identity theft is a real issue, and it's not about passwords. It's about someone stealing your lineage. It occurs when individuals: • Claim traditions they were never rooted in. • Erase the communities that originated the practice. • Rename ancestral systems to make them mar

54 likes

Principles of financial accounting

First week in! Study with me while I’m at work… #accountingstudent #collegeinmy30s #romanticisingcollege

63 likes

A black background with purple text reads "100 CONTENT IDEAS FOR STRUGGLING ENTREPRENEURS." A pencil icon and a money-with-wings icon are featured. The bottom includes "Lemon8" and "@profitprincesshustlellc."

End the Struggle: 100 Fresh Content Ideas👇🏾👇🏾

💡 Feeling Stuck as an Entrepreneur? We’ve got you covered! Here are 100 content ideas to help you get back on track and dominate your business journey! 🚀 🎯 Save this post and start creating! 1. Share your entrepreneurial journey 🛤️ – Example: “From side hustle to full-time business owner: My

101 likes

20 Most Confused Finance Topics

Here are the 20 Most Confused Finance Topics you shouldn't confuse. -------- 1. Cash Flow vs. Profit - Profit can exist on paper due to non-cash expenses like depreciation, cash flow links to the actual cash on hand. 2. Assets vs. Liabilities - Assets add value; liabilities represe

270 likes

6 More Free Skills to Add to Your Accounting Résum

Need more skills to pad that résumé (for free)? These ain’t QuickBooks repeats it’s the underrated gems nobody talks about 📝💸 Which one y’all learning this month? #quickbooks #AccountingTips #googlesheets #resumeskills #cpa

123 likes

Profit & Loss Account Cheat Sheet

------ The Profit & Loss Account Cheat Sheet!! All essential P&L Elements across one page. Learn crucial principles and considerations of P&L in one place. 👉𝗛𝗲𝗿𝗲 𝗶𝘀 𝘄𝗵𝗮𝘁 𝘁𝗵𝗲 𝗣&𝗟 𝗖𝗵𝗲𝗮𝘁 𝗦𝗵𝗲𝗲𝘁 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝘀: → 4 usual types of P&L → Relation between P&L and other FS →

17 likes

Accounting vs Finance.

Accounting vs Finance. Both careers deal with money but the work is very different. Accounting focuses on recording, reporting, and making sure the numbers are accurate. Finance focuses more on analyzing data and helping businesses make future decisions. If you had to choose one career pa

37 likes

Stacks of coins, a calculator, and financial charts on a document, representing public accounting. The text describes public accountants providing auditing, tax, and consulting services.

A woman working on a laptop and calculator at a desk with documents, depicting corporate accounting. The text explains corporate accountants manage internal financial operations and reporting.

🍋 Introduction to Accounting Careers 🍋

Are you considering a career in accounting but unsure where to start? Let's explore the diverse world of accounting and discover the exciting opportunities it offers: 1. Public Accounting: 📊 Public accountants work with a variety of clients, providing services such as auditing, tax preparati

48 likes

Master in accounting 👩‍🎓📚

#accountingstudent #accounting #accountingjourney #latinalemon8creator #americandream

13 likes

A Black woman in a green graduation cap and dark green sweatshirt holds an umbrella, posing in front of the Eli Broad College of Business building, partially obscured by mist.

A Black woman in a green graduation cap and Michigan State sweatshirt stands with arms crossed amidst green smoke, in front of the Minskoff Pavilion at the Eli Broad College of Business.

A Black woman in a green graduation cap and Michigan State University sweatshirt makes a peace sign, standing proudly in front of the Edward J. Minskoff Pavilion, Broad College of Business.

Accounting Degree: Eli Broad College of Business💚

I achieved one of the most rewarding degrees possible while being one of the least represented individuals within every room I stepped in. Break down those barriers and make a difference! 🫶🏽🍀 #fyp #accounting #accountant #blackgirlcreator #motivation #college #michiganstate #msu

30 likes

✨How to Invest to Make Money💸

Hey yall! Here’s some of my tips and knowledge for you to grow your wealth! I will teach you where to open your account, the most important terms, and finally, understanding what to actually invest in! 🌿 Fidelity is my app of choice 🍃Just remember, always do your own research and read up on any

81 likes

Accounting/ Corporate Girls ??

I just landed my first accounting internship and I’m so happy ✨💕👩‍💻👩🏻‍💼💰 #accountingstudent #careergirl #accountinglife #accounting #accountingjourney

45 likes

Day 19/60 Day of CFO: Deferred Revenue

Everything you need to know about Deferred Revenue 👇 Deferred revenue continues to be where most accountants struggle the most It can be a real pain to calculate, and an even larger pain to understand 🤕 ➡️ What exactly is Deferred Revenue? I’ve seen a lot of definitions for deferred rev

10 likes

A title slide reads "RESUME TEMPLATES FOR UNIVERSITY STUDENTS" with a subtitle listing categories: Business, Tech, Psychology, Finance, Healthcare, Science, and General, along with where to find them. The bottom includes "lemon8 @careerconfidant."

A sample resume for a business student from Duke University Career Services. The resume includes sections for education, relevant experience, leadership, and skills, with a focus on marketing and finance roles.

A sample resume for a tech student from University of California, Berkeley Career Services. The resume highlights education in EECS, skills in programming languages, highlighted projects, and leadership/extracurricular activities.

Resume templates for university students!

Did you know different career services have resume templates and guides? Here are different resume templates and where to find them! #resumetemplate #resume #resumewriting #recruitertips #resumewritingtips #resumeadvice

126 likes

1. Start with your key info for each project: • Total contract value • Total estimated cost • Cost to date (from accounting system) • Billings to date (how much you’ve invoiced) Calculate % Complete: Cost to date ÷ Total estimated cost = % complete Exa

19 likes

Goodnote Tips 📝🧠 💻

When I was in high school I was in AVID (Advanced Via Individual Determination) and was required to have a 3 inch binder that contained all of my classes. I HAD TO CARRY IT EVERY SINGLE DAY 😕 My husband inspired me to get an iPad to take notes when I started college because I am a minimalist and

36 likes

My accounting summer internship 💕🫶🏻

#accountingstudent #adultcollegestudent #fulltimegradstudent #accountingintern #summerinternship

1 like

A black and white image featuring the book "Profit First" by Mike Michalowicz, stacked on other books in a library setting. Red overlay text reads "BOOK REVIEW," and white text at the bottom says "Spend one hour learning after work."

Book Review - Profit First

About two years ago, I turned the final page of “Profit First” by Mike Michalowicz, feeling a mix of excitement and anticipation. I couldn’t wait to apply its wisdom to my own business. Today, I’m here to share that journey with you, not just as a business owner, but as someone who’s walked the pat

10 likes

Need Extra Cash?

The only list of side hustle ideas you’ll ever need for extra income in 2026 😉 #sidehustle #money #moneymakingideas #extraincome #stayathomemom

89 likes

Excel cheat sheet

Excel cheat sheet #excel #exceltips #exceltricks #exceltraining #tutorials #excel_learning

14 likes

Been religiously using this products Life changing My hair growth and moisturizing is definitely giving You should try Got all organic products from amazon 🌸🌸🤍 #hair growth products #naturalhaircareproducts #amazonfinds

113 likes

A financial statements mindmap illustrating the connections between the Profit & Loss (P&L), Balance Sheet, and Cash Flows. It details components like Net Income, Assets, Liabilities, Equity, and cash activities (Operating, Investing, Financing), showing how they interrelate.

Day 7/60 Day of CFO: Fin Statement Mindmap

The Financial Statements Mindmap Learn about the Financial Statements and how they are all connected with this simple infographic The Financial Statements are a popular topic in Finance & Accounting Almost everything revolves around them But how do they work? And how are they connec

53 likes

See more