Showing posts with label Difference between accounting and bookkeeping. Show all posts
Showing posts with label Difference between accounting and bookkeeping. Show all posts

Monday, 14 November 2016

Difference between Bookkeeping and Accounting

Accounting as a language of business is a process of three activities i.e. identifying, recording and communicating economic event of an organization to the interested users. On the other hand bookkeeping is recording the transaction means only a part of accounting.

Difference between Bookkeeping and Accounting

Accounting as a language of business is a process of three activities i.e. identifying, recording and communicating economic event of an or...