Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Chapter 17.2, Problem 1TP
Summary Introduction

To determine: The difference in the jobs of accounting and bookkeeping.

Introduction:

Accounting is a process in which transactions are recorded, summarized, classified, analyzed and reported.

Bookkeeping is a process in which transactions are recorded.

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