What is Bookkeeping?
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Last Modified
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Mar 12, 2025
⇢Importance of Bookkeeping⇠
What is Bookkeeping?
noun – [b oo k-kee-ping]: The work or skill of keeping account books or systematic records of money transactions (distinguished from accounting). dictionary.com
Key Components of Bookkeeping:
- Recording Financial Transactions
- Posting Debits and Credits
- Producing Invoices
Bookkeeping Helps Keep a Clear Picture of Your Company’s Financial Health!
- Is your business organized?
- Are you in control of your cash in & out?
- Are you making money? $$$$$$
When bookkeeping is done correctly these questions will give you the answers you need.
Bookkeeping makes problem-solving easier!
About the author:
Ken R. Ashworth
Founding Attorney of Ken R. Ashworth & Associates
Ken R. Ashworth is the Founding Attorney of Ashworth Law in Henderson, Nevada. He focuses his practice on asset protection, business litigation, estate planning, and tax litigation. Ashworth has practiced law since 1992 and is admitted to the State Bar of Nevada. He earned his J.D. from Pepperdine University School of Law in Malibu, California, in 1990. His work includes advising clients on legal matters involving businesses, estates, asset protection, and tax disputes.
