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Small business bookkeeping Secrets

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Paychecks are accomplished and issued. Within the accounting software, the first journal entry for full payroll is often a debit to your compensation account and credits income. Money stream statement. The statement of cash movement is analogous into the P&L, but it surely doesn’t include any non-cash items such as https://franciscoagirf.post-blogs.com/50998782/bookkeeping-services-no-further-a-mystery

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