Define Book Keeping. What is the function of Book Keeping? – InterviewSolution

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1.	Define Book Keeping. What is the function of Book Keeping?
Answer» Definition - Bookkeeping is the process of recording daily transactions in a consistent way, and is a key component to building a financially successful business. Function of Book Keeping : 1) Recording financial transactions 2) Posting debits and credits 3) Producing invoices 4) Maintaining and balancing subsidiaries, general ledgers, and historical accounts 5) Completing payroll

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