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Distinction between accounting and book-keeping - class-XI
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Book-keeping is an ________ of correctly recording of business transaction.
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A
Art and science
💡 Explanation:
Book-keeping is that branch of knowledge which tells us how to keep a record of financial transaction. Book - keeping may be defined as the science and art of recording transactions in books so accurately and systematically that the true state of a business can be correctly ascertained.