Contractor Bookkeeping Vs. Regular Bookkeeping
Contractor Bookkeeping
JUNE 18, 2012
Assets - Liabilities) = Equity. Breakeven - Is fairly easy to calculate because there is a direct relationship between income and expenses on every item. Example #1 - The contractor asks the bookkeeper "How much money did we make on the John and Mary Doe house remodel?" Cash On Hand. Profit And Loss Report.
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