Accountancy, asked by mrpramit, 4 months ago

Distinguish between book keeping and accounting?
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Answers

Answered by khushi9109
1

Answer:

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

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

Explanation:

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