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What is the importance and benefits of keeping business records?​

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Epixielgo

Answer:

You need good records to prepare accurate financial statements. These include income (profit and loss) statements and balance sheets. These statements can help you in dealing with your bank or creditors and help you manage your business.

Explanation:

the importance and benefits of keeping business records

Answer:

keeping business records is important as it helps you to deal with creditors and with your bank. it also helps you to organize your documents and to keep track to your expenses. by keeping business record you can easily retrieve the documents that you need in the future.  

Explanation:

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