what is book- keeping answer in one sentence
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Explanation: Book keeping is the activity or occupation of keeping records of the financial affairs of a business. Answer: Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business.
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In simple words, it is an activity of keeping records of daily transactions. Bookkeeping is a process that helps the business organization while preparing financial reports. Each and every financial transaction recorded in the books of accounts needs to be updated.
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