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These statements can help you in dealing with your bank or creditors petty cash and help you manage your business. Purchases, sales, payroll, and other transactions you have in your…

If the tax amount is 10%, you will have to factor in an additional $10 at the point of purchase. Working with an adviser may come with potential downsides, such…

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Cash basis only accounts for expenses that have been invoiced and paid for. This can potentially leave expenses unaccounted for if the bill has yet to arrive. Accrued expenses also…

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