Question

The art of recording, classifying and summarizing is called:

(a) Journalizing (b) Accounting

(c) Bookkeeping (d) Record Keeping​

Answer 1

$\huge\bold\red{HELLO \: MATE}$

ACCOUNTING IS THE ANSWER

$\huge\bold\purple{HOPE \: IT \: HELPS \:UHH }$

Answer 2

The art of recording, classifying and summarizing is called (b) Accounting.

Explanation:

• The accounting is defined by 'The American Institute of Certified Public Accountants'.
• The financial information about business entity is called accounting.
• Accounting is defined in terms of money, transactions and events.
• There are three categories in principles of accountancy related to business. They are accounting, bookkeeping and auditing.
• Summarizing in accounting can be defined as the financial activity of a company may sums up by accounting summary for a specific period of time.