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1 year ago

Write about how bookkeeping is done in a small business and what they can do to improve their business

Business

1 answer:

jonny [76]1 year ago

3 0

Bookkeeping can be done in small business by following these procedures:

Creation of a New Business Account is required.

Setting Budget just for Tax Purposes.

make your Records Organized.

Tracking of all the business Expenses.

Maintaining Daily Records.

Leaving an Audit Trail.

<h3>What is the purpose of bookkeeping and how can it improve their business?</h3>

The book-keeping is very essential in business because it keep a complete as well as accurate record of all the financial transactions.

This is been done in in a systematic orderly and logical manner, by following the steps above the business can be improved.

Find out more on Bookkeeping at brainly.com/question/25572872

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