Book-Keeping:
A systematic record of the business transaction i.e., dealing in regard to money or money's worth, in books of account in called Book-Keeping. It may also be defined as the art and science of recording mercantile transaction in a regular and systematic manner; the art of keeping accounts in such a manner that a man may know the true of the business and property by an inspection of book of account.
Definition Book-keeping and Accountancy:
Let us now see the differences of the two terms to have a clear conception of them. In the nineteenth century no different probably existed between these two terms, and they were used in the same sense.
A systematic record of the business transaction i.e., dealing in regard to money or money's worth, in books of account in called Book-Keeping. It may also be defined as the art and science of recording mercantile transaction in a regular and systematic manner; the art of keeping accounts in such a manner that a man may know the true of the business and property by an inspection of book of account.
Definition Book-keeping and Accountancy:
Let us now see the differences of the two terms to have a clear conception of them. In the nineteenth century no different probably existed between these two terms, and they were used in the same sense.
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