I just finished reading WorkingPoints 10 Minute Lesson in Basic Accounting Concepts.
… we’ve created a 10 minute, easy to use guide to basic accounting and terms so that you have the understanding you need to set up any kind of accounting or payroll software by teaching you the basic concepts and vocabulary you might come across.
While it doesn’t replace a full book on the subject (or better yet, rolling up your sleeves and doing it yourself) it serves as a great introduction into what can be a very complex topic.
Funny enough, when you read the guide (PDF), it really does take 10 minutes. This is definitely a good resource to keep around.
via WorkingPoint.