About The Word Bookkeeping
Learn about the word Bookkeeping to help solve your crossword puzzle. Discover Bookkeeping definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Bookkeeping
| Bookkeeping Definition And Meaning |
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What's The Definition Of Bookkeeping?
[n] the activity of recording business transactions
Synonyms | Synonyms for Bookkeeping: clerking Related Terms | Find terms related to Bookkeeping: See Also | accountancy | accounting | double entry | double-entry bookkeeping | single entry | single-entry bookkeeping Bookkeeping In Webster's Dictionary \Book"keep`ing\, n.
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}.
{Bookkeeping by single entry}, the method of keeping books by
carrying the record of each transaction to the debit or
credit of a single account.
{Bookkeeping by double entry}, a mode of bookkeeping in which
two entries of every transaction are carried to the
ledger, one to the Dr., or left hand, side of one account,
and the other to the Cr., or right hand, side of a
corresponding account, in order tha? the one entry may
check the other; -- sometimes called, from the place of
its origin, the Italian method.
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