What is the relationship of bookkeeping to accounting?
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The relationship of book keeping and accounting are both financial tools used for the recording of business transaction. ..
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The relation is :-
In accountings book keeping is the proper and systematic keeping or maintenance of the book of accounts. Book keeping starts from identification of business transactions (initial step of accountings)
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In accountings book keeping is the proper and systematic keeping or maintenance of the book of accounts. Book keeping starts from identification of business transactions (initial step of accountings)
#thanks
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