Which of the following may serve as a primary record keeping system for small business expenses?...
Which of the following may serve as a primary record keeping system for small business expenses?
Business checkbook.
Business credit card statements and receipts
Summary of daily cash receipts.
Depreciation worksheet.
Homework Answers
Solution:
Business checkbook may serve as a primary record keeping system for small business expenses.
Hence first option is correct.
Add Answer to:
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Record depreciation on computers.
Record depreciation on office furniture.
Record the adjusting entry related to salaries.
Record the adjusting entry related to insurance.
Record the adjusting entry related to office supplies.
Record the adjusting entry related to utilities.
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