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Book-keeping Vs. Accounting
Following are the differences between book-keeping and accounting:
Meaning of book-keeping
Book-keeping is the process of recording financial transactions in the books of accounts. It is the primary stage in the accounting process. It includes recording the transactions and classifying the same under proper heads. Book-keeping work is of routine nature. Transactions may be recorded in the accounting note books and ledgers or may be recorded in a computer.
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