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Accounting is the process of recording, organising, and comprehending a company's financial data.<br><br>Accounting Vs Bookkeeping<br><br>1.Bookkeeping is the process of recording and categorising financial transactions.<br>2. Accounting is the process of bringing the financial records to good use through analysis, policy, and tax preparation<br><br>Just seek accounting assignment help to get your assignments done.<br>You can avail accounting assignment writing service at reliable rates.<br><br>Visit us@ https://www.myassignmentservices.com/accounting-assignment-service.html
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ACCOUNTING IS THE PROCESS OF RECORDING, ORGANISING, AND COMPREHENDING A COMPANY'S FINANCIAL DATA. ACCOUNTING VS BOOKKEEPING Accountingistheprocessof bringingthefinancialrecordsto goodusethroughanalysis, policy, andtaxpreparation Bookkeepingistheprocessof recordingandcategorising financialtransactions. Bookkeeping is a part of accounting. MAJOR STEPS OF ACCOUNTING 2. Createaledgerentry foreachtransaction 1. Analyzeandkeep trackofpurchases 3. Prepareanunadjusted trialbalance 4. Attheendofthecycle, prepareadjustingentries 5. Makeacorrectedtrial balance. 6. Financialstatements shouldbeprepared. WHAT DOES AN ACCOUNTANT DO? Agoodaccountantwillsaveyoutimebyexplainingthe company'sfinancialsituation. WHAT ARE THE TWO TYPES OF ACCOUNTS 1. 2. RealAccountant NominalAccountant Justseekaccountingassignmenthelptogetyour assignmentsdone. Youcanavailaccountingassignmentwritingserviceat reliablerates. Formoreinformation, visit- www.myassignmentservices.com