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Answer in One Sentence: What is Book-keeping? - Book Keeping and Accountancy

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One Line Answer

Answer in One Sentence:

What is Book-keeping?

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Solution

Book-keeping is the science and art of correctly recording in the books of accounts, all those business transactions that result in the transfer of money or money’s worth.

Concept: Book-keeping-An Introduction
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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 1 Introduction to Book - Keeping and Accountancy
Exercises | Q 1. 1) | Page 16
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