Question

difference between accounting and bookkeeping easy point very​

Answer 1

Answer:

Top 8 Differences between Bookkeeping and Accounting. ... 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.

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Answer 2

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While bookkeeping and accounting are both essential business functions, there is an important distinction. Bookkeeping is responsible for the recording of financial transactions. Accounting is responsible for interpreting, classifying, analyzing, reporting and summarizing financial data

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