Accountancy, asked by imdonewithschool, 15 hours ago

Business accounting question.

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Answered by rishithreddynelaturi
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Answer:

Here are some common accounting questions about setting up books for small business.

How should I record transactions? ...

Should I use cash-basis or accrual accounting? ...

How do debits and credits work? ...

What's the difference between accounts payable and receivable?What records should I keep? ...

How should I prepare for tax season? ...

What business expenses can I deduct? ...

When should I pay estimated taxes? ...

How can I better manage my cash flow? ...

What is my break-even point? ...

How can you help me grow my business?

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