Jan 12 • Free Bookkeeping Course
How accounts are grouped
Action Step
Identify or answer the following in our free bookkeeping course discussion thread:
- One income account and one expense account that could be in your business.
- Why is profit different than cash?
- Why is it important to track money in and money out, clearly?
Seeing these in real life helps connect the concepts. Discussing with the community can help you learn more!
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How accounts are grouped
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