Categoria: Bookkeeping
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Book Value vs Carrying Value: What’s the Difference?
A single column cash book has only one money column on the debit and credit sides to record cash transactions. This is the reason why it is called a single column cash book (or a simple cash book). The advent of accounting software significantly lessened the tediousness of bookkeeping by handling debits and credits for…
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A Guide to Bookkeeping: Skills, Salaries, and Careers
Unless they are a certified public accountant (CPA), bookkeepers should not prepare tax returns or sign the returns as a paid preparer. The user interface is simple and appealing, without a lot of sparkle or frills. Creating invoices or other documents follows a step-by-step process, breaking down the big tasks into smaller ones, which should…