Final answer:
The procedural aspects of accounting that involve keeping detailed records of business transactions are known as bookkeeping.
Step-by-step explanation:
The subject of this question is Business and it is at a High School level. The procedural aspects of accounting that involve keeping detailed records of business transactions are known as bookkeeping. Bookkeeping is an essential part of accounting and involves recording financial information, such as sales, expenses, and assets, in a systematic manner.
In the past, bookkeeping was done manually using pen and paper, but with advancements in technology, many businesses now use computers and specialized software programs to store and manage their financial records. These computer-based systems make it easier to track and analyze financial data, generate reports, and ensure accuracy and efficiency.