Book keeping is providing all required financial information to the business man
Answers
Answer:
To help you keep precise financial records, bookkeeping is essential. Still, this essential process is not being implemented by many companies.
Explanation:
In addition to the reality that you are needed by law to keep precise books and documents, you will later be saved from frustration.
In reality, one of the main reasons companies fail is "bad accounting." You blindly drive your company without book keeping or accounting.
Book keeping makes it simpler to review economic assets and expenditures when revenue and expenditures are correctly structured.
A budget for your company produces a financial roadmap. You can schedule future costs and the expected assets to cover those costs with a budget.
Explanation:
please mark a brainlist and follow me
