Accountancy, asked by shrisuba03, 7 months ago

distinguish book keeping from accounting​

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Answered by GoodLuck8491
0

Answer:

In the simplest of terms,bookkeeping is responsible for the recording of financial transactions whereasaccounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data.Bookkeeping and accounting may appear to be the same profession to an untrained eye.

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