Question

what is mean by book keeping and accountancy?​

Answer 1

Answer:

Bookkeeping and accounting are often heard being used interchangeably, however, accounting is the overall practice of managing finances of a business or individual, while bookkeeping refers more specifically to the tasks and practices involved in recording the financial activities.

Explanation:

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Answer 2

Answer:

Book keeping: is the recording of financial transactions, and is part of the process of accounting in business.

Accountancy: is the practice of recording, classifying, and reporting on business transactions for a business.

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