What is Bookkeeping?
Bookkeeping is the recording of the money values of the transactions of a business. Bookkeeping provides the numbers from which accounts are made but is a separate process, required prior to accounting. Basically, bookkeeping records two parts of information: (1) the current value, or equity, of the business and (2) the changes in value—profit or loss—taking [...]
Wednesday, June 23, 2010
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