Accountancy, asked by yashpatel20041113, 5 months ago

What is the difference between ‘Book Keeping’ and ‘Accounting’ on the basis of objective?

Answers

Answered by mrinalinimony

Answer:

The difference between bookkeeping and accounting lies in their objectives. The objective of bookkeeping is to maintain a systematic record of all financial transactions. On the other hand, accounting helps to determine the financial position of a firm.

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