Branches of Accounting, Uses of Accounting and Limitations of Financial Accounting
Accounting vs. Bookkeeping Bookkeeping deals with the recording (correctly and in a set of books) of those transactions that result in the transfer of money or the value of money. While accounting is comprehensive in perspective. It extends to classifying, summarizing, presenting, and even analyzing accounting information. Accounting vs. Accounting The body of knowledge (consisting of principles, postulates, assumptions, conventions, […]
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