English definition of Bookkeeping

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Definition of bookkeeping

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Bookkeeping (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..

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Nil :: Nil (n. & a.) Nothing; of no account; worthless; -- a term often used for canceling, in accounts or bookkeeping..

Folio :: Folio (n.) A page of a book; (Bookkeeping) a page in an account book; sometimes, two opposite pages bearing the same serial number..

Bookkeeping :: Bookkeeping (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..