Page 58 - Tax Information for Individuals - Handbook0
P. 58

Records Secured
















              Data Security



              Whether you keep journals and ledgers and

              how you keep them depends on the type of
              business       you     are     in.   For     example,       a
              recordkeeping system for a small business

              might include the following items.
                      •   Business checkbook.

                      •   Daily summary of cash receipts.
                      •   Monthly summary of cash receipts.                                      LOCKED
                      •   Check disbursements journal.

                      •   Depreciation worksheet.
                      •   Employee compensation record.












     https://lentcpa.com                                                                                                              56
   53   54   55   56   57   58   59   60   61   62   63