Question

distinguish between accounting and bookkeeping ​

Answer 1

Answer:

$\huge{\underline{\underline{\boxed{\sf{\purple{Accounting}}}}}}$

Accounting is the process by where a company's financials are recorded, summarized, analyzed, consulted and reported on.

$\huge{\underline{\underline{\boxed{\sf{\purple{Bookkeeping}}}}}}$

Bookkeeping is the recording part of this process, in which all of the financial transactions of the business (consisting of income and expenses) are entered into a database.

Answer 2

$\huge\fcolorbox{black}{lime}{AnsweR:}$

Accounting is the process by where a company's financials are recorded, summarized, analyzed, consulted, and reported on. Bookkeeping is the recording part of this process, in which all of the financial transactions of the business (consisting of income and expenses) are entered into a database.

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