Accountancy, asked by sandeeprjoshi11, 1 month ago

what is meant by book keeping​

Answers

Answered by JOSHBRAINLY
1

Answer:

A lot of people think the two roles are the same, however, the term bookkeeping refers to recording financial transactions and activities on a daily basis. It's a subset of accounting which requires the following jobs to be done in order to build a financially stable business: Recording financial transactions.

Answered by NamanSingh13
0
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organisations. It involves preparing source documents for all transactions, operations, and other events of a business.
Similar questions