Ankur sharma

“Book keeping is an art of recording business dealings in a set of books.” Accounting: Accounting is a wider concept than bookkeeping. It starts where bookkeeping ends. In other words, bookkeeping is a part of accounting. Accountancy: Accountancy is a systematic knowledge of accounting. It explains how to deal with various aspects of accounting. It educates us how to maintain the books of account and how to summarise the accounting