term1 Definition1term2 Definition2term3 Definition3
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Bookkeeping
Bookkeeping involves the identification and recording of economic events. This is only one part of the accounting process
Accounting
Accounting can be defined as the orderly and systematic identification and recording of the monetary values of the economic transactions of an individual entrepreneur or a business enterprise, the reporting on the results of these transactions and the provision of financial information by submitting financial statements which information is used as a basis for decision-making.
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