What is the difference between accounting and accounts?
Accounting is the process of maintaining records, books by summarizing and reporting the transactions entered by the organisation. Whilst, the Accounts are the product of accounting , that is the books you draft in the process of accounting are accounts.Mar 20, 2016
Accounting is the process of maintaining records, books by summarizing and reporting the transactions entered by the organisation. Whilst, the Accounts are the product of accounting , that is the books you draft in the process of accounting are accounts.Mar 20, 2016