What exactly is bookkeeping in Business Studies.
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Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. ... Bookkeeping refers mainly to the record-keeping aspects of financial accounting, and involves preparing source documents for all transactions, operations, and other events of a business.
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Explanation:
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. .Bookkeeping refers mainly to the record-keeping aspects of financial accounting, and involves preparing source documents for all transactions, operations, and other events of a business.
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