what are the difference between bookkeeping and accounting ?
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Answer Posted / shiak mohammed
Book keeping is only the recording of financial data that a
firm or organisation incurrs on a daily basis, it doesnt
give net financial position of a firm or organisation at a
particular point of time.
Whereas accounting is a system where organisation both
records and has the net result of the financial activities
during the accounting year.
| Is This Answer Correct ? | 17 Yes | 4 No |
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