Page 49 - Keeping Business Records
P. 49

Identify source of receipts (3/5)















                    Confirm Receipts






                               You will receive money or property from many sources. Your

                               records can identify the source of your receipts. You need this

                               information to separate business from nonbusiness receipts and

                               taxable from nontaxable income.























     https://lentcpa.com                                                                                                             47
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