Bookkeeping is the recording and classification of business transactions in the books of accounts. It further refers to the day-by-day recording of transactions that have money worth in the entity.
Whereas
In addition to recording business transactions, Accounting also include the professional and skillful analysis and interpretation of the recorded transactions in such a way that users of the accounting information can take meaningful decisions on the reports.
Whereas
In addition to recording business transactions, Accounting also include the professional and skillful analysis and interpretation of the recorded transactions in such a way that users of the accounting information can take meaningful decisions on the reports.
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