Accountancy, asked by karthika12358, 10 months ago

difference between double entry and single entry system ​

Answers

Answered by madhu842
2

single entry transaction is simple for everyone.

whereas double entry is complex and it requires expertise in accounting and maintaining records.

Answered by nalini13
3

Single Entry Transcation is simple and easy wheareas Double Entry system is complex as well as it requires expertise in accounting for maintaining

records. In Single Entry System, incomplete records are maintained while in double entry system complete recording of transaction is there.

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