Accountancy, asked by ksknightrider7553, 7 months ago

difference between book keeping and accounting​

Answers

Answered by ItzRisingStar
12

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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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Answered by Anonymous
42

Answer:

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✧Answer✧

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difference between book keeping and accounting

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book keeping

Book keeping is all about recording and organising financial data and The dictionary definition of bookkeeping is defined as “the skill or occupation of maintaining accurate records of business transactions.

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accounting

accountants take that data to prepare reports and get them ready for HMRC.When it comes to accounting, the dictionary states accounting as “the skill or practice of maintaining and auditing accounts and preparing reports on the assets, liabilities etc of a business.”

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