ollowing information using a Cash T:   Schedule C Cash Receipts:  $120,000 Schedule C Cash Expenses:  $135,000 Personal Living Expenses:  $65,000  Is this preliminarly under or overstate

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.