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What is the difference between bookkeeping and accounting?

Posted 3+ months ago | 4 answers | 1 star | Open

Related topics: accounting

Answer posted by bibhuduttajena 4 weeks ago: The difference between bookkeeping and accounting lies in their focus and scope of financial management. Bookkeeping Bookkeeping is the foundational process of recording all financial transactions, including sales, purchases, receipts, and payments. Bookkeepers maintain accurate and up-to-date ...

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