This helps explain why a single business transaction affects two accounts (and requires two entries) as opposed to just one. In this case, the cash account is debited with $100, and the sales account is credited with $100. On one side of the accounting equation, you have an increase in assets, specifically your cash account. […]
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The reporting will enable you to track the profitability of each project so that you can stay ahead of costly mistakes. Construction bookkeeping can differ from traditional bookkeeping because construction companies have unique financial needs. For example, they usually have longer billing cycles than other businesses, which means it may be difficult to forecast http://usmga.ru/losangeles/shopping-v-los-andzhelese/ […]