Bookkeeping is mainly concerned with a. All options are correct.

Janiyah Huffman

Janiyah Huffman

Answered question

2022-05-23

Bookkeeping is mainly concerned with
a. All options are correct.
b. Interpreting the data.
c. Recording the economic activities.
d. Designing the systems for recording, classifying and summarizing.

Answer & Explanation

Meadow Knox

Meadow Knox

Beginner2022-05-24Added 12 answers

Explanation
Meaning of Bookkeeping
Book keeping is an art of 'recording' the financial data whereas 'Accountancy' deals with classification. interpretation, reporting of the financial data.
Bookkeeping involves the recording, on a regular basis, of a company’s financial transactions.
Option C is correct
Recording the economic activities (recording of financial data)

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