Solved: How to manage a checkbook and checking account, Accounting Basics

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How to manage a checkbook and checking account

Question: A modern business is required to maintain, as a minimum, a checking account and some businesses, especially those in retail, take in cash. Discuss how to manage a checkbook and checking account. Also, discuss the process a business needs to follow in order to account for its cash.

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Accounting Basics: How to manage a checkbook and checking account

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