What is book keeping?
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Hey Mate !!
•Book keeping refers to recording of business transaction in the books of accounts .
•Book keeping is the first part of accounting. In this we include all those transactions which are related to trade and can be measurable money value
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ʙᴏᴏᴋᴋᴇᴇᴘɪɴɢ ɪs ᴛʜᴇ ʀᴇᴄᴏʀᴅɪɴɢ ᴏғ ғɪɴᴀɴᴄɪᴀʟ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs, ᴀɴᴅ ɪs ᴘᴀʀᴛ ᴏғ ᴛʜᴇ ᴘʀᴏᴄᴇss ᴏғ ᴀᴄᴄᴏᴜɴᴛɪɴɢ ɪɴ ʙᴜsɪɴᴇss. ... ʙᴏᴏᴋᴋᴇᴇᴘɪɴɢ ʀᴇғᴇʀs ᴍᴀɪɴʟʏ ᴛᴏ ᴛʜᴇ ʀᴇᴄᴏʀᴅ-ᴋᴇᴇᴘɪɴɢ ᴀsᴘᴇᴄᴛs ᴏғ ғɪɴᴀɴᴄɪᴀʟ ᴀᴄᴄᴏᴜɴᴛɪɴɢ, ᴀɴᴅ ɪɴᴠᴏʟᴠᴇs ᴘʀᴇᴘᴀʀɪɴɢ sᴏᴜʀᴄᴇ ᴅᴏᴄᴜᴍᴇɴᴛs ғᴏʀ ᴀʟʟ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs, ᴏᴘᴇʀᴀᴛɪᴏɴs, ᴀɴᴅ ᴏᴛʜᴇʀ ᴇᴠᴇɴᴛs ᴏғ ᴀ ʙᴜsɪɴᴇss.
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