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Simple Meaning of Bookkeeping

Bookkeeping is an accounting term. It has made from two words, one is book and other is keeping.


Book means journal and ledger accounts.
Keeping means recording and maintaining accounting by correct and regular way.

So, bookkeeping means recording of transactions by pre-determined method or system. We all know that business is the other name of large number of transactions which happens day to day. In these transactions, we can include purchase of goods, sale, receipt of cash or payment of cash etc. We can not remember it for long time due to shortage of human memory. So, recording of transaction by scientific way is very necessary. Bookkeeping is the art of recording these transactions.
A person who records the transactions in journal and ledger is called bookkeeper. His duty is as account clerk and he is responsible to complete day book after occurring any transactions. He also keeps the records of bills , vouchers , receipts and challan

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  1. Over the past few weeks, I've phone interviewed with several other bookkeepers around the bay area who were more pro-active, supportive, and generally confident that they're experience could tackle my situation. bookkeeping sunshine coast

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Accounting Education: Simple Meaning of Bookkeeping
Simple Meaning of Bookkeeping
Accounting Education
https://www.svtuition.org/2009/09/simple-meaning-of-bookkeeping.html
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