Contractor Bookkeeping Vs. Regular Bookkeeping
Contractor Bookkeeping
JUNE 18, 2012
Bank Balance - Un-cleared Checks) = Cash. Expenses - Overhead required to maintain business operations. Expenses - Overhead is extremely complex because some expenses in regular bookkeeping are actually Cost of Goods Sold in construction accounting. All Bookkeeping Methods Share The Same Accounting Equations. Cash On Hand.
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