difference between Bookkeeping and Accounting
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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.
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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.
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