Accountancy, asked by janhvikulaste93, 4 months ago

book keeping and accounting are

Answers

Answered by Aishani2008
0

Answer:

In the simplest of terms, bookkeeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data. Bookkeeping and accounting may appear to be the same profession to an untrained eye.

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Answered by Anonymous
0

Answer:

Bookkeeping and accounting may appear to be the same profession to an untrained eye..

Explanation:

Bookkeeping is all about recording and organising financial data while accountants take that data to prepare reports and get them ready for HMRC.

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