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Ahat [919]
1 year ago
6

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

#SPJ1

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