Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. list three reasons why it important to keep daily

LIst three reasons why it important to keep daily records of all business transactions. Q9

70.2K

Verified Solution

Question

Finance

LIst three reasons why it important to keep daily records of allbusiness transactions. Q9

Answer & Explanation Solved by verified expert
3.8 Ratings (482 Votes)
It is important to keep daily records of all business transactions transaction records helps in monitoring the progress of our business Some of the other important reasons are mentioned below    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

LIst three reasons why it important to keep daily records of allbusiness transactions. Q9

Other questions asked by students

Finance
1.2K views

Assume a bank offers an effective annual rate of 6.36%. If compounding is monthly what is...

Psychology
1.2K views

What techniques could a person use to avoid conforming with unjust authority

Physics
1.2K views

3. An 8 kg stone rests on a vertical spring of force constant 785 N /...

Basic Math
1.2K views

Show algebraically that E(Var(?1hat)) = ?^2/(n-1)?x2

Physics
1.2K views

4 8 mm Light enters at an angle of incidence in a transparent rod of...

Physics
1.2K views

Two satellites are in different circular orbits around a planet with speeds in ratio 1...

Geometry
1.2K views

2 Find m H and mZJ Round to the nearest hundredth 13 H 12

Basic Math
1.2K views

13 14 15 16 Melissa invested 3000 in a fund for 2 years and was...

Basic Math
1.2K views

Tammy deposited $3000 into an account with a 5.6% annual interest rate, compounded semiannually. Assuming...

Accounting
1.2K views

Customer payments received in advance of the product or service being provided is recorded in...

Finance
1.2K views

TABLE A Cash Flow Projection Year: One Two Potential Gross Income Three Page 3 of...

Accounting
1.2K views

How Would You Explain The Testability, Precision, And Confidence As Hallmarks Of Business Research Related...