Examples are automatically compiled from online sources to show current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback. But their mother remained on the mountain, working unpaid for years as a top aide to Mr. and Ms. Li...
“The objective of bookkeeping is to keep the records of all financial transactions proper and systematic. The objective of accounting is to gauge the financial situation and further communicate the information to the relevant authorities.” Bookkeepers typically bring the books to trial balance. Acco...
Examples ofBookkeepingin a sentence BookkeepingAccounts shall be maintained under the Plan in the name of each Participant, as applicable, along with any subaccounts under such Accounts deemed necessary or advisable from time to time, including a subaccount for each Plan Year that a Participant...
Examples from the Corpusbookkeeping• Honey, all right, this is not a bookkeeping firm.• Arcane bookkeeping procedures, however, probably conceal an even greater amount.• Before we can deal with the family in any realistic way, though, we have to do some family bookkeeping....
Pro Forma Invoice | Definition, Uses & Examples Common Accounting Forms: Function & Purpose Accounting Cycle Lesson Plan Accounting Records | Definition, Role & Types Create an account to start this course today Used by over 30 million students worldwide Create an account Explore...
詞Word 类属Thesaurus 例句Examples 筆順Strokes 字Character 字源Etymology Settingsbookkeeping 'bʊk,kiːpɪŋ Main English Definition (名) As a noun The activity of recording business transactions. Hyphenation book•keep•ing Part of Speech (名) noun Matching Results 簿记 bùjì book...
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Definition of Double-Entry Bookkeeping Double-entry bookkeeping refers to the 500-year-old system in which each financial transaction of a company is recorded with an entry into at least two of its general ledger accounts. At least one account will have an amount entered as a debit and at ...
While the terms bookkeeping and accounting are often used interchangeably, the definition of a bookkeeper is different to that of an accountant. A bookkeeper’s job is to keep track of the day-to-day financial transactions of their business clients. An accountant, on the other hand, deals ...
Now that you know the definition of bookkeeping and why it’s so important, let’s dive into the first steps you’ll need to take in order to set up bookkeeping for your small business. 1. Separate Business and Personal Expenses Once you’ve opened a new business, the very first thing...