Accountancy, asked by AfreenMohammedi, 10 months ago

What is book keeping? ​

Answers

Answered by Michael12
0

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

Hope it help u !!

Answered by Rppvian2019
0

:

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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