Editing Difference Between Book Keeping And Accounting
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Bookkeeping means to identify, measuring, recording and classifying all business financial transactions in the books of accounts.|Accounting means to summarise, analyzing, interpreting and communicating the result of all business financial transactions to the owner or related parties in the form of financial statements. | Bookkeeping means to identify, measuring, recording and classifying all business financial transactions in the books of accounts.|Accounting means to summarise, analyzing, interpreting and communicating the result of all business financial transactions to the owner or related parties in the form of financial statements. | ||
The main object of the bookkeeping is to recording all business financial transactions in a systematic manner and keeping all documentation related to these transactions.|The main aim of the accounting is to get know and communicate about the growth or decline rate of the business for a particular period. | The main object of the bookkeeping is to recording all business financial transactions in a systematic manner and keeping all documentation related to these transactions.|The main aim of the accounting is to get know and communicate about the growth or decline rate of the business for a particular period. |