Question

what is the difference between accounting amd accountancy?​

Answer 1

Answer:

Accounting is a process of recording financial transactions for preparing and maintaining financial accounts. Accountancy refers to interpretation of financial accounting and communicating the financial information to all concerned parties.

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Answer 2

•Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting

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

Explanation:

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