distinguish between book keeping and accounting
Answers
Answered by
1
Explanation:
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.
Similar questions
Computer Science,
2 months ago
English,
2 months ago
Math,
2 months ago
Physics,
5 months ago
Biology,
5 months ago
Computer Science,
10 months ago
English,
10 months ago
Hindi,
10 months ago