Resources Online Training 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?* Tracking your income and expenses Looking at your bank statement Keeping up with receipts Tracking all of your money 3. What is the third item to track besides income and expenses?* Food Entertainment Gas Mileage 4. How often does the presenter recommend that you update your bookkeeping?* Bi-Weekly Semi-Monthly 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 Keep your receipts Don't keep documentation 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 know how much your business is worth So you can see if your business is operating in the red or the green So you know if you are making money or not So you can pay your bills 10. What should you do if you find you are operating in the red?* Make a facebook post Call your accountant Adjust your spending or seek additional sales Nothing This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.