Accountancy, asked by bibek35, 1 year ago

Distinguished between book keeping and accounting


sarthak356: Garima u are very beautiful
bibek35: hlo

Answers

Answered by garima1311
12
♡●BONJOUR●♡

⬇️HERE IS YOUR ANSWER⬇️
________________________

*BOOK KEEPING*
the activity or occupation of keeping records of the financial affairs of a business.

*ACCOUNTING*
Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business.Accounting also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities.

HOPE THIS ANSWER HELPS YOU
MARK AS BRAINLIEST ✌✌
_______×××××_______

bibek35: hlo
sarthak356: Garima u r vey beautiful
Answered by Geekydude121
3

Bookkeeping is the recording of day to day transactions, and is part of the process of accounting.

Whereas, Accounting is the recording, organizing and interpretation of data in a systematic order and understandable format

Similar questions