Bookkeeping

While there are distinctions between bookkeeping and accounting, one of the most pronounced is in the educational requirements. A bookkeeper is skilled at retained earnings keeping documents and tracks a wide net of financial information. The salary range for bookkeepers

The purpose of the Owner’s Withdrawal account is to track the amounts taken out of the business without impacting the balance of the original equity account. ABC Computers makes sales of 90,000; unfortunately, due to a fault in a product,