Science, asked by saah78, 10 months ago

what is book keeping or account keeping????


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Answers

Answered by nithya6755
2

Answer:

Explanation:

➡️Bookkeeping

Bookkeeping is mainly related to identifying, measuring, and recording, financial transactions.

➡️Account Keeping

Account keeping is the process of summarizing, interpreting, and communicating financial transactions which were classified in the ledger account.

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Answered by Anonymous
2

Answer:

Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business.Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as "real" bookkeeping, any process for recording financial transactions is a bookkeeping process.

Explanation:

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