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Archive for the Bookkeeping Category
How to Do Accounting for Your Construction Business 8 Steps
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10 Common Accounting Errors and How to Avoid Them
For instance, cash sales of $2,500 have been recorded on the debit side and credited to bank account. A customer payment of $2,000 is written as $20,000 in the cash accounting errors receipts journal. The cash balance is now overstated by $18,000, and the customer account shows an incorrect balance. You’re […]