> > [!TLDR] > **Book-keeping** = the systematic recording of business transactions in the books of account. > > **Definition** > - **Book-keeping** is the *art of recording business transactions in a set of books* in a systematic and regular manner. > - It is the **first and basic stage** of the accounting process and is limited to **identifying, measuring and recording** financial transactions in a chronological order (journal) and classifying them (ledger). > - It does *not* include summarising, analysing or interpreting the results — those belong to the wider field of accounting. > …

Define book-keeping.

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Q. Define book-keeping.

Tamil Nadu DgeTamil Nadu HSC First Year (DGE) Commerce Board 2026Subjective· 2mImportance★★★★★

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Book-keeping = the systematic recording of business transactions in the books of account.

Definition

Book-keeping is the art of recording business transactions in a set of books in a systematic and regular manner.
It is the first and basic stage of the accounting process and is limited to identifying, measuring and recording financial transactions in a chronological order (journal) and classifying them (ledger).
It does not include summarising, analysing or interpreting the results — those belong to the wider field of accounting. …

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Q.Define book-keeping.

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Q.Define book-keeping.

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