Book Keeping As An Instrument For Financial Position Reporting

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Book Keeping is a essential part of the process of monetary management in various organisations and business, which can be called Bookkeeping or accounting. It involves preparing financial record documents for daily operations, and many different occurrences of an organisation. The whole procedure of Book Keeping requires systematic precision and timely information collection. These are the fundamental requirements to keep track the financial status of the organisation or business, Finance with the help of daily book entries.