what information can a businessman obtain from his book keeping??????and plz explain the inter-relation between book-keeping and accounting and accountancy??????
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the busienssman wil get information about every transaction ook keepin is nothing but recording every transaction business will get crct forecasting of profit & loss
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book keping is a part of of accounting and is considered with record kepping or maintenanceof bboks of accounting which is often nd clerical in natur
it is usefull businessman to maintain systematic record of all financial transaction
accounting is the art of recording classifying nd summarising in a significance mannerand interms of money
accountancy is the systematic knowledege of accounting. it explains 'why to do' and 'how to do' of various aspects of accounting
it is usefull businessman to maintain systematic record of all financial transaction
accounting is the art of recording classifying nd summarising in a significance mannerand interms of money
accountancy is the systematic knowledege of accounting. it explains 'why to do' and 'how to do' of various aspects of accounting
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