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Common Bookkeeping Mistakes

Common Bookkeeping Mistakes: Using the Wrong Expense Category

April 28, 2025April 27, 2025 by admin

Using the Wrong Expense Category (1). Red background, white square. WRONG in black on the left with a red arrow from the center to the left. RIGHT in black on the right crossed out with a red x and a black arrow going right. the fingers of a hand with a red marker on the bottom left.

✅ Misclassifying expenses (e.g., lumping everything under “Office Supplies”) can:

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