bookkeeping: 1. What is the purpose of bookkeeping in accounting? 2. What are the key components of a trial balance? 3. Explain the difference between the cash basis and accrual basis of accounting. 4. What is the role of journals and ledgers in the bookkeeping process? 5. How do you record depreciation expenses in bookkeeping? 6. What is the double-entry bookkeeping system, and why is it important? 7. How do you calculate and record payroll expenses in bookkeeping? 8. What is the purpose of adjusting entries in bookkeeping, and what types of adjustments are commonly made? 9. How is the chart of accounts organized in bookkeeping, and why is it important? 10. Explain the process of closing the books at the end of an accounting period.