Accountancy, asked by Chamandhakad9808, 7 months ago

state main differences of bookkeeping and accounting class 11th

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Answered by mihika73

Answer:

Accounting is the process in which financials are recorded, summarized, analyzed, consulted and reported on. Bookkeeping is the recording part of this process, in which all of the financial transactions of the business (consisting of income and expenses)

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