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Deference between book keeping and accounting …

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Deference between book keeping and accounting ?

Posted by Hariom Kushwaha 3 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Aditya Maheshwari 3 years, 8 months ago

Book Keeping is concerned with identifying financial transactions and events; measuring them in money terms; recording them in the books of account and classifying them. While Accounting is concerned with summarizing the recorded transactions and events , interpreting them and communicating the results thereof.

Deepanshu Jha 3 years, 9 months ago

Bookkeeping include identify ,record , summarising the transaction where as they also include interpersonal of result and communicate to user abou the business

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