What is Book Keeping?

Asked by Last Modified  

2 Answers

Learn Accounting Information Systems

Follow 5
Answer

Please enter your answer

Account and Computer Teacher With 13 Years Experience

Bookkeeping is the systematic recording and organising of financial transactions in a company. Bookkeeping is the recording, on a day-to-day basis, of the financial transactions and information pertaining to a business.
Comments

I am Searching for new authors ??

Booking keeping is a note as it helps to record all transaction in a business in terms of money.
Comments

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Fundamentals Of Accounting
Every Individual performs some kind of economic activity. All the economic activities are run for an individual benefit and may create social benefit, an i.e. benefit for the public at large. For eg,...

Consignment Accounts By CA Prashanth Reddy
A. INTRODUCTION When goods are sent by one person to another to be sold by the latter on behalf and at the risk of the former, the transaction is known as consignment. The person who sends the goods...

Process Costing
Introduction Process Costing is a method of Costing used in industries where the material has to pass through two or more processes for being converted into final product. It is defined as a method...

GST By CA Prashanth Reddy
GST on services fixed; Ola, Uber rides and flights to be cheaper, education and health exempt. The GST Council on Friday finalised tax rates for services under the Goods and Service Tax (GST) regime,...

Raising Fund through Commercial Paper.
Raising Fund through Commercial Paper: Every business requires the funds for expansion. The requirement of fund can be both Long term and short term. The cost of raising funds for a business is very...

Recommended Articles

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

While schools provide formal education to the children, the home is where they start learning about things informally. Parents think that schools will take the initiative to educate their children. Well, this is partially true, as parents also play an essential role in bringing up their child. For the development of particular...

Read full article >

Quality education does not only help children to get a successful career and life, but it also hugely contributes to society. The formal education of every child starts from school. Although there are numerous schools, parents find it challenging to choose the right one that would fit their child. It is difficult for them...

Read full article >

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

Looking for BCom Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you