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Define Dictionary Meaning - True Words & Their Meanings
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  4. Bookkeeping

Bookkeeping

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  • Sarahundefined Offline
    Sarahundefined Offline
    Sarah
    wrote on last edited by admin
    #1

    The art of recording pecuniary or business transactions in aregular and systematic manner, so as to show their relation to eachother, and the state of the business in which they occur; the art ofkeeping accounts. The books commonly used are a daybook, cashbook,journal, and ledger. See Daybook, Cashbook, Journal, and Ledger.Bookkeeping by single entry, the method of keeping books by carryingthe record of each transaction to the debit or credit of a singleaccount.-- Bookkeeping by double entry, a mode of bookkeeping in which twoentries of every transaction are carried to the ledger, one to theDr., or left hand, side of one account, and the other to the Cr., orright hand, side of a corresponding account, in order thaItalianmethod.

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    • Gregoryundefined Offline
      Gregoryundefined Offline
      Gregory
      wrote on last edited by
      #2

      the job or activity of keeping an exact record of the money that has been spent or received by a business or other organization

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      • Britneyundefined Offline
        Britneyundefined Offline
        Britney
        wrote on last edited by
        #3

        The activity or occupation of keeping records of the financial affairs of a business.

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