the art of recording all business fransations in a systematic manner is a set of book is called
Answers
Answer:
Book-keeping is the art of recording business transactions in a systematic manner The objective of book-keeping is to keep proper and systematic records of financial transactions journal, subsidiary books and ledger accounts only
Introduction:
Bookkeeping comprises the regular recording of a company's financial transactions. With excellent accounting, businesses can track all information on their books in order to make critical operational, investment, and finance decisions.
Explanation:
Appropriate bookkeeping gives a reliable indicator of a company's performance. It also acts as a broad strategic decision-making tool as well as a benchmark for the company's sales and income goals. To summarise, once a company is up and running, it is critical to devote extra time and money in keeping proper records.
As a result, the solution is bookkeeping.