Book keeping includes recording of journal , posting in ledgers and balancing fg accounts. All the record before the preparation of trial balance is the whole subject matter of Book keeping. Thus , book - keeping many be defined as the science and art of recording transactions in money or money's worth so accurately and systematically, in a certain set of books , regularly that the true state of businessman's affairs can be correctly ascertained. Here it is important to note that only those transactions related to business are recorded which can be expressed in terms of money.
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