The difference between book keeping and accounting is tha...
The difference between book keeping and accounting is that while
Book keeping interprets data, accounting records it
Book keeping is regarded as the language of the business accounting ascertians its strength and weakness
Book keeping records data accounting interprets it
Book keeping summaries information accounting communicates it
Correct answer is C
In the simplest of terms, bookkeeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data.
Use the information below to answer this question At the end of a financial period, the trading p...
A major factor that enhanced the early development of accounting is the? ...
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\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of raw materials} & 8,000\\ \text{Pur...
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Sale of goods for N600 to Ade was not posted, This is an error of ...
A statement showing a trader's financial position as at a particular date is an ...