Difference between Bookkeeping and Accounting
Jennifer edwards There is certainly a difference between bookkeeping and accounting as the bookkeeping is the subset of accounting. Bookkeeping refers to recording all the transactions that are made within a business.…
Bookkeeping
Maintaining the record of financial transactions and financial day to day business activities is called bookkeeping. The basic purpose of bookkeeping is to maintain the financial records of a business…
Accounting For Depreciation
Sidra Farid Accounting For Depreciation Learning Objectives: Define and explain the term "depreciation". Why does depreciation calculated and charged? What are the different methods for providing depreciation? Definition and Explanation of Depreciation:…
Bookkeeping Versus Accounting
Shamsa Rafique Bookkeeping Versus Accounting: Learning Objectives: What is the difference between bookkeeping and accounting? There is some confusion over the difference between bookkeeping and accounting. This is due to the fact…