BASIC ACCOUNTING : WHAT IS ACCOUNTING AND BOOKING KEEPING

BOOK KEEPING : 

IT IS A BASIC PROCESS OF RECODING TRANSACTION IN THE BOOKS OF ORIGINAL ENTRY. IT IS A PROCESS OF MAKING POSTING IN LEDGER AND TO MAKE TOTAL OF AMOUNT JOURNAL AND ACCOUNTS OF LEDGER

ACCOUNTING : 

IT IS PROCESS OF EXAMINING RECORDED TRANSACTIONS IN ORDER TO FIND THEIR ACCURACY ITS ALSO INVOLVE POSTING EXAMINING

ACCOUNTING INVOLVES PREPARATION OF TRIAL BALANCE WITH THE HELP BALANCE OF LEDGER ACCOUNTS.

IT IS INCLUDED PREPARATION OF TRADING A/C , P/L A/C AND BALANCE SHEET AND MAKING CORRECTION AND RECTIFY ERROR IF REQUIRED.