Question

hlo frnds
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how you all are?
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what is distinction between book keeping and accounting ??​

Answer 1

Answer:

In the simplest of terms, book keeping is responsible for the recording offinancial 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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