Page 9 - PowerPoint Template

1.3 Differences Between Bookkeeping

and Accounting

Bookkeeping Accounting

Definition  Bookkeeping is a Accounting is an

part of accounting. information system.

 Process of Process of

recording, classifying recording,

and summarizing all classifying,

the transaction. summarizing,

reporting, analyzing

and interpreting the

financial condition

and performance of

a business.

9