What is the difference Between Journalising And Book Keeping ??
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The act of recording a financial event in a journal is called “journalising”, however, the entry recorded in the journal is called a “journal entry”. It is a record of a transaction's debit and credit aspect with the help of double entry bookkeeping system. 2.
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journalism:-
Journalizing in accounting is the system by which all business transactions are recorded for your financial records. A business transaction is first recorded in a journal, also called a Book of Original Entry. ... Adding new journal entries is called journalizing.
Book Keeping:-
Bookkeeping involves the recording, on a regular basis, of a company's financial transactions. ... With proper bookkeeping, companies are able to track all information on its books to make key operating, investing, and financing decisions. Bookkeepers are individuals who manage all financial data for companies.
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