Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter 17.3, Problem 5TP
Summary Introduction

To determine: The difference in the jobs of accounting and bookkeeping.

Introduction:

Accounting is a process in which transactions are recorded, summarized, classified, analyzed and reported.

Bookkeeping is a process in which transactions are recorded.

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