BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Book keeping is a clerical job. Book keeping is concerned with recording and classifying the data and accounting is concerned with interpreting and analysing of transactions.

Detailed explanation-2: -bookkeeping differs from accounting in that bookkeeping primarily involves which part of the accounting process: recording. the adjustment for depreciation is an example of: apportioning cost between two or more period.

Detailed explanation-3: -The correct option is (b) Verification. Verification is not a step in the process of accounting.

Detailed explanation-4: -Bookkeeping is an essential part of your accounting process for a few reasons. When you keep transaction records updated, you can generate accurate financial reports that help measure business performance. Detailed records will also be handy in the event of a tax audit.

Detailed explanation-5: -The process of going from sales to end-of-month statements has several steps, all of which must be executed correctly for the entire accounting cycle to function properly. Part of this process includes the three stages of accounting: collection, processing and reporting.