Bookkeeping

Introduction to Accounting

MS: Simpan Kira · EN: Bookkeeping · ZH: 簿记

Meaning

Bookkeeping is the work of recording a business's daily financial transactions systematically and in an orderly way in books of account or an accounting system. It is the early stage of the accounting cycle and forms the basis for preparing financial statements. It is usually done by an accounts clerk.

Example

Each time Anggun Boutique sells clothes, the accounts clerk records the cash sale of RM120 in the Cash Book so the record can be used later.

Source: DSKP KSSM Prinsip Perakaunan Tingkatan 4

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