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List the information you will collect about customers and

Questions -

1. List your company's revenue streams.

2. List the pieces of information you will include in a receipt (including credit card information).

3. Will your company use cash-basis or accrual-basis accounting? Explain why.

4. Will you use single-entry bookkeeping or double-entry bookkeeping? Explain why.

5. List the information you will collect about customers, and describe the system you will use for recording it.

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Accounting Basics: List the information you will collect about customers and

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