Accountancy, asked by js7674590, 1 month ago

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Question: what is Book keeping and basic rule of book keeping are???​

Answers

Answered by Anonymous
1

∆∆∆ hi army ∆∆∆

here is the answer

The activity or occupation of keeping records of the financial affairs of the business is called as book keeping. The basic rule of book keeping is''debit the receiver and credit the giver''

Answered by luckycharm24
6

hello. good morning. welcome back to this app!!!!

how are you??

book keeping is a process of recording and organizing all that business transaction that have occurred in the course of the business. it is intergal part of accounting.

to apply these rules one must first ascertain the types of account and the apply these rules...

∆ Debit what comes in, credit what goes out.

∆ Debit the receiver , credit the giver.

∆ Debit all expenses credit all income.

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