Accountancy, asked by Vija0007, 10 months ago

Write any four between book keeping and accounting

Answers

Answered by riyajain83

1

In the simplest of terms, bookkeeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data. Bookkeeping and accounting may appear to be the same profession to an untrained eye.

Previous Question

Next Question

Similar questions

Science, 4 months ago

1. On the basis of Thomson's model of an atom, explain how the atom is neutral as a whole. 2. On the basis of Rutherford's model of an atom, which sub atomie particle is present in the nucleus of an atom? 3. Drow a sketch of Bohr's model of an atom with three shells. 4. What do you think would be the observation U the a particle scattering experiment is carried our using a foil of a metal...

Math, 4 months ago

please answer the question SUBTRACT. $\ \textless \ br /\ \textgreater \ 5(2x ^{2} + 3y - 8) \: from \: \: 9x ^{2} - 2y + 5$ ...

CBSE BOARD XII, 4 months ago

As soon as he identified the structural danger in the Citicorp building, should LeMessurier have notified the workers in the building, surrounding neighbors, and the general public who might do business in the building? Or was it enough that he made sure evacuation plans were in place and that he was prepared to provide warning to people affected in the event of a major storm?

English, 10 months ago

poonam _(have )a new golden watch...

Math, 10 months ago

The distance between Delhi and Agra is 200 km. A train travels the first 100 km at a speed of 50 km/h. How fast must the train travel the next 100 km, so as to average 70 km/h for the whole journey?

Chemistry, 1 year ago

Draw the defect in table salt NaCl which sometimes make it appear yellow in colour...

Business Studies, 1 year ago

What is the Arrival rate at the second server in a two stage serial queuing system...

Physics, 1 year ago

plz guys help I need it No spamming! I 'll be grateful...