Question

Is there any difference between accounting and book keeping?​

Answer 1

#Accounting

Accounting is the process by where a company's financials are recorded, summarized, analyzed, consulted and reported on.

# Bookkeeping

Bookkeeping is the recording part of this process, in which all of the financial transactions of the business (consisting of income and expenses) are entered into a database.

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Answer 2

#Accounting

Accounting is the process by where a company's financials are recorded, summarized, analyzed, consulted and reported on.

# Bookkeeping

Bookkeeping is the recording part of this process, in which all of the financial transactions of the business (consisting of income and expenses) are entered into a database.

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