Register
Why is it important to maintain proper financial records
19.9k views
4 votes
Why is it important to maintain proper financial records

User Vinnitu
by
5.1k points

2 Answers

3 votes
You need good records to prepare accurate financial statements. These include income statements and balance sheets. These statements can help you in dealing with your bank or creditors and help you manage your business.
User Adanlif
by
4.4k points
3 votes

Answer:

It is important because you need good records to prepare accurate financial statements

User TejjD
by
4.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.7m answers

Other Questions

The appellate court system in Georgia was established by what? A. state statute B. U.S. Statute C. Constitutional amendment D. the supreme court​
Need immediate answer! Giving 5 stars and thanks if you're correct. Checking after test! "It's important to judge others by their merits, rather than their appearance." Which passage from the strangers
People who take a "marble cake" view of federalism believe thatstate governments are too weak to meet most citizen needsstate governments are supreme over the national governmentnational and state governments
A conventional mortgage loan is one that is not insured or guaranteed by an agency of the U.S. government. The lender, however, can still pursue a private mortgage insurance (PMI) policy to provide a guarantee
___________________ provides a method of paying for loss or damage if you are involved in a collision. Restitution Insurance The DMV Your car company
Link Copied!