Accountancy, asked by Mohit0813, 9 months ago

Define single entry and bouble system?​

Answers

Answered by sneha219200616
0

The bookkeeping system in which only one aspect of a transaction is recorded, i.e. either debit or credit, is known as Single Entry System. Double Entry System, is a system of keeping records, whereby both the aspects of a transaction are captured. Single Entry System maintains personal and cash accounts.

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Answered by Anushka1047
0

Answer:

The book keeping system in which only one aspects of a transaction is recorded, either debit or credit is known as single entry System.

A system of keeping records whereby both the aspects of a transaction ate captured is known as double system.

You have written the spelling of double wrong, you have written bouble.

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