Accountancy, asked by kittu3978, 9 months ago

Explain the difference between bookkeeping and accounting ..​

Answers

Answered by Anonymous
6

In the simplest of terms, bookkeeping is responsible for the recording of financial transactions whereas accounting 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.

Answered by rajeshpanchal2584
1

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