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accounting vs bookkeeping

bookkeeping vs accounting

accounting and bookkeeping both are nouns.

Word NounAdjectiveVerbAdverb
accounting Yes No No No
bookkeeping Yes No No No
As nouns, bookkeeping is a hyponym of accounting; that is, bookkeeping is a word with a more specific, narrower meaning than accounting:
  • accounting: the occupation of maintaining and auditing records and preparing financial reports for a business
  • bookkeeping: the activity of recording business transactions
Other hyponyms of accounting include cost accounting, clerking, inventory accounting.
accounting (noun) bookkeeping (noun)
the occupation of maintaining and auditing records and preparing financial reports for a business the activity of recording business transactions
a system that provides quantitative information about finances
a convincing explanation that reveals basic causes
a statement of recent transactions and the resulting balance
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Difference between accounting and bookkeeping

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