Accountancy, asked by punjaban2230, 1 month ago

difference between Bookkeeping and Accounting​

Answers

Answered by Anonymous
15

Bookkeeping is a foundation/base of accounting. Accounting uses the information provided by bookkeeping to prepare financial reports and statements. ... The purpose of bookkeeping is to maintain a systematic record of financial activities and transactions chronologically.

Answered by ms3224919
4

Answer:

Differences Between Bookkeeping and Accounting

Bookkeeping is a foundation/base of accounting. Accounting uses the information provided by bookkeeping to prepare financial reports and statements. ... The purpose of bookkeeping is to maintain a systematic record of financial activities and transactions chronologically.

Explanation:

hope it useful

Similar questions