Differentiate between accounting and bookeeping

1 answer

Answer

1166997

2026-05-10 17:55

+ Follow

Book keeping is the work or skill of keeping account books and showing systematic records of money transactions. Accounting is the theory and system of setting up, maintaining and auditing the books of a firm. It is the art of analysing the financial position and operating the financial results of a business house from a study of its sales, purchases and overheads

ReportLike(0ShareFavorite

Related Questions

Copyright © 2026 eLLeNow.com All Rights Reserved.