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Bookkeeper - Coggle Diagram
Bookkeeper
Categorize transactions
Assetes
Inventory
Laibilities
Payroll and loan
Equity
Assestes - Liabilities
Revenue
total amount of sales
Expenses
Cost to produce the product or service
Financial statements
Balance Sheet
the assets on balance sheet must be equal Equity +Liability
Income statement
how profitable the company is
Cash Flow statement
Cash on operations
Cash from financing
Cash from investments
Begin with bookkeeping
Categorizing
Reconciling
Sending reports
Recording financial data to make future decisions
https://www.youtube.com/watch?v=pKpdibyljR4