Today, we present you with 📝 Description - Every accountant starts here 👇 Bookkeeping is the..., a comprehensive guide towards understanding here.
Every accountant starts here
Bookkeeping is the first step of Accounting, where all financial transactions are systematically recorded — before analysis or reporting begins.
It covers everything up to the Trial Balance, forming the base for preparing Trading, Profit & Loss Account, and Balance Sheet later.
Remember:
Bookkeeping = Journal Ledger Trial Balance
Accounting = Final Accounts Analysis Interpretation
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