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Bookkeeping 101 for Small Businesses
Name
*
First
Last
Email
*
1. You can be good at bookkeeping even if you know nothing about accounting.
*
True
False
2. What is bookkeeping?
*
Keeping up with receipts
Tracking all of your money
Tracking your income and expenses
Looking at your bank statement
3. What is the third item to track besides income and expenses?
*
Food
Gas
Entertainment
Mileage
4. How often does the presenter recommend that you update your bookkeeping?
*
Semi-Monthly
Weekly
Bi-Weekly
Monthly
5. What is the name of the presenter?
*
Jill Jones
Jill Gockel
Jill James
Jill Gammel
6. What is one way to document your expenses?
*
Write down what you buy
Take photos of what you buy
Don't keep documentation
Keep your receipts
7. Operating your business in the "red" is good
*
True
False
8. You should consult an accountant or CPA when it comes to tax season
*
False
True
9. Why would you want to keep track of your balances?
*
So you can see if your business is operating in the red or the green
So you can pay your bills
So you know if you are making money or not
So you can know how much your business is worth
10. What should you do if you find you are operating in the red?
*
Call your accountant
Adjust your spending or seek additional sales
Nothing
Make a facebook post