What are the features of book-keeping? – InterviewSolution

1.

What are the features of book-keeping?

Answer»

The main features of book-keeping are:

1. It is the process of recording transactions in the books of accounts.

2. Monetary transactions only are recorded in the accounts.

3. Book – keeping is the primary stage in the accounting process.

4. Book – keeping includes journalising and ledger processing.

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