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BOOKKEEPING AND ACCOUNTING

An understanding of the principles of bookkeeping and accounting is essential for anyone who is interested in a successful career in business. The purpose of bookkeeping and accounting is to provide information concerning the financial affairs of a business. This information is needed by owners, managers, creditors, and governmental agencies. An individual who earns a living by recording the financial activities of a business is known as a bookkeeper, while the process of classifying and summarizing business transactions and interpreting their effects is accomplished by the accountant. The bookkeeper is concerned with techniques involving the recording transactions, and the accountant’s objective is the use of data for interpretation. Bookkeeping and accounting techniques will. | More than 30 million Schaunfs Outlines sold ling ntin CRASH COURSE Includes fully solved problems for every topic Expert tips for mastering Bookkeeping AND Accounting All you need to know to pass THE COURSE I LL f JOEL J. LERNER M.S Pfl.D 13 Professional Want to learn more We hope you enjoy this McGraw-Hill eBook If you d like more information about this book its author or related books and websites please click here. SCHAUM S Easy OUTLINES Bookkeeping AND .