A bookkeeper's first task is to:
A)Separate all of the firm's transactions into meaningful categories.
B)Prepare the firm's financial statements.
C)Summarize the firm's financial data.
D)Interpret and report data to the firm's management.

Question

Quizplus · Accepted Answer

The first task of a bookkeeper is to organize and separate all of the firm's transactions into meaningful categories, such as revenue, expenses, assets, and liabilities. This is a crucial step in the bookkeeping process as it lays the foundation for preparing financial statements and analyzing the firm's financial performance.

A Bookkeeper's First Task Is To