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QuickBooks 2009 on Demand by Laura Madeira, CPA Gail Perry

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Chapter 15. Recording Your Assets

<feature><title>What You’ll Do</title> <objective>

Reconcile Your Bank Statement

</objective>
<objective>

Record Automatic Teller Withdrawals

</objective>
<objective>

Track Petty Cash

</objective>
<objective>

Receive Credit Card Payments

</objective>
<objective>

Record Deposits As Assets

</objective>
<objective>

Purchase Fixed Assets

</objective>
<objective>

Enter Depreciation

</objective>
<objective>

Sell Fixed Assets

</objective>
</feature>

Anything your company owns that has value is considered to be an asset. Assets can be used in the production of income and they are available to pay your company’s debts. They include cash, investments, receivables, inventory, prepaid amounts, and fixed assets.

Fixed assets are belongings ...

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