Contractor Bookkeeping Vs. Regular Bookkeeping
Contractor Bookkeeping
JUNE 18, 2012
Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Profit And Loss Report. Sales - Expenses) = Profit. Expenses - Overhead required to maintain business operations. All Bookkeeping Methods Share The Same Accounting Equations. Cash On Hand.
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