Bookkeeping

['bʊkkiːpɪŋ] or ['bʊk,kipɪŋ]

Definition

(noun.) the activity of recording business transactions.

Editor: Patrick--From WordNet

Definition

(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.

Typist: Miguel

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