Accountancy, asked by aartikumari172005, 5 months ago

distinguish between book keeping and accounting

Answers

Answered by shraddhasingh3031
1

Explanation:

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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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