Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organisations. It involves preparing source documents for all transactions, operations, and other events of a business. Transactions include purchases, sales, receipts …
The objective of accounting are as follows: Systematic Recording of Business Transactions:A systematic and complete record helps the management to receive any retrieve information easily and in time. However, in every business there are numerous business transactions and it …
