what is the difference between accounts and accountancy?
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Accounting has different meanings and in one sense refers to the process of keeping or maintaining financial records; whileaccountancy, according to OED, specifically refers to the duties(which consists ofaccounting, bookkeeping, auditing, etc.) or profession of an accountant.
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difference between accountancy and accounts not accounting
accounts and accounting are more or less same.
less but it had difference.
An ACCOUNT is where monies are deposited.
AccountING is the study and actual transacting (moving from account-to-account) of money.
AccountING is the study and actual transacting (moving from account-to-account) of money.
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Account:-
An accounting record, in which the result of transactions are accumulated, shows increase, decrease and database. It is a record of financial transactions credit extended, commercial relationship involving credits, a customer and a financial fund.
Accountancy:-
Accountancy is the act of being in a professional field called "accounting", which involves keeping track of financial records and doing taxes.
The word accountancy is the firm like Arthur Anderson which provides accounting functions for a big corporation
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An accounting record, in which the result of transactions are accumulated, shows increase, decrease and database. It is a record of financial transactions credit extended, commercial relationship involving credits, a customer and a financial fund.
Accountancy:-
Accountancy is the act of being in a professional field called "accounting", which involves keeping track of financial records and doing taxes.
The word accountancy is the firm like Arthur Anderson which provides accounting functions for a big corporation
please like
the answer
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