Bookkeeping mainly consists of which part of accounting process?

A Analysing
B Preparing financial statements
C Recording financial information
D Auditing the books of accounts

Correct Answer: Recording financial information

Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Bookkeeping refers mainly to the record-keeping aspects of financial accounting, and involves preparing source documents for all transactions, operations, and other events of a business.

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