Question: What activities does bookkeeping include? Collecting, classifying and reporting transactions that take place in the business. Recording business transactions in journals. Collecting, classifying and reporting

What activities does bookkeeping include?

Collecting, classifying and reporting transactions that take place in the business.

Recording business transactions in journals.

Collecting, classifying and reporting the activities that take place in the business.

Ensuring that all transactions are reported in accordance with accepted accounting principles.

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