Page 122 - Wages, Salaries and Other Earnings
P. 122

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                                                                                                             120
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