Accountancy, asked by abhishek673080, 1 year ago

answer in one sentence what is book keeping​

Answers

Answered by riyasingh224
12

Answer:

Bookkeeping is the recording of financial transaction and is a part of the Process of accounting in business.

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Answered by dryomys
1

Answer:

Book-keeping refers to a term that is used in business and accounts. It is the recording or maintaining the financial transactions such as buying, selling, payments and receipts, and it is also a part of the accounting process. There are two different methods of book-keeping:

(i) Single entry book-keeping

(ii) Double entry book-keeping

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