- The art of recording pecuniary or business
transactions in a regular and systematic manner, so as to show their
relation to each other, and the state of the business in which they
occur; the art of keeping accounts. The books commonly used are a
daybook, cashbook, journal, and ledger. See Daybook, Cashbook, Journal,
and Ledger.
Double-entry bookkeeping Double-entry bookkeeping is the process by which accounting transactions are entered; each individual transaction always has an
Bookkeeping Bookkeeping is a part of accounting process that involves only the recording of economic events.
Definition
[ n.]