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A bookkeeper should not be allowed to handle cash.
Withdrawal
The act of taking money out of an account, or the removal of funds from a partnership by a partner for personal use.
Revenues
The full extent of revenue garnered from the commercial activities that are at the core of a company’s operational agenda, particularly through goods or services.
Assets
Resources owned by a company that have economic value and can be used to meet its future obligations.
Liabilities
are legal financial debts or obligations that arise during the course of business operations.
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