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what do you mean by book keeping?
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Most Upvoted Answer
what do you mean by book keeping? Related: Meaning & Objectives of Ac...
Book keeping refer to the act of keeping or maintaining the records of financial transactions in regular, systematic, chronological and scientific manner.
Objective of Book keeping :
To identify the financial transactions.
To keep permanent, systematic and scientific record of financial transactions.
To classify the recorded transactions.
To facilitate the preparation of financial statements.
Community Answer
what do you mean by book keeping? Related: Meaning & Objectives of Ac...
Book keeping refer to that in which different book are prepared under this head that is known as book keeping.
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what do you mean by book keeping? Related: Meaning & Objectives of Accounting?
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