Accountancy, asked by abhigjnacs, 2 months ago

what is meant by book-keeping?state the need of book-keeping.​

Answers

Answered by s1857chingthaiongoo7
2

Answer:

Bookkeeping involves the recording, on a regular basis, of a company's financial transactions. This guide will. With proper bookkeeping, companies are able to track all information on its books to make key operating, investing, and financing decisions.

Answered by ItzMysteryDevil
8

Bookkeeping is an essential function in your business for both legal and financial management purposes. By keeping accurate records, your business can get a snapshot of its health in the form of financial statements such as income statements, balance sheets, cash flow statements and more.

hope it helps !

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