jeudi 20 février 2014

Where does Tax goes in a Double Entry Bookkeeping sheet??

Hi,

I'm totally new to running business and doing my own bookkeeping so bare with me. I've looked at a few tutorials on double entry bookkeeping.

Most of them are kind enough to simplify it to the point that even I can understand it. But they simplify it so much that it misses some things. Like Tax. I am struggling to figure out where tax goes in a double entry style bookkeeping sheet.

So please suggest me with your ideas.

Thanks in Advance.




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