Week 33 Day 3 Action Items

Day 3

• [ ] Recognize the risks associated with commingling business and personal finances.
• [ ] Understand the legal and financial benefits of maintaining separation.

Review the information from Day 1 if needed.

Audit Your Accounting

Pull out your most resent bank statement from your business account (if established). Review each transaction this month and double check you are not utilizing your business account for any personal expenses. Did you identify any personal use within your account?

Personal Use Transactions Identified

• Transaction 1
• Transaction 2
• Transaction 3

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