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    Yogesh94's Avatar
    Yogesh94 Posts: 2, Reputation: 1
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    #1

    Jun 12, 2012, 06:23 PM
    The term 'book-keeping' and its function in a business
    Urgent!
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Jun 12, 2012, 07:02 PM
    Quote Originally Posted by Yogesh94 View Post
    Urgent !!
    So what is your question, I'm not a mind reader.

    Bookkeeping refers to the act of making entries in the books of account
    Accounting refers to the intrepretation of the data in the books of account
    I recall a definition; accounting is a social science which measures the interaction of people in financial terms

    If you don't know where you are going any road will take you there

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