Accountancy, asked by ishapagi1309, 1 month ago

how is single entry system beneficial to itd users​

Answers

Answered by sohamswarup2008
14

Explanation:

Hey mate ,

This is your answer ,

Single-Entry System Advantages

1) People with little or no background in finance or accounting readily understand single-entry records and reports.

2) Small companies can use single-entry systems without hiring a professional accountant or bookkeeper.

3) The single-entry approach does not require complicated accounting software.

Hope it helps

Thank you

Have a great time ahead

Answered by bangtanboys70
1

please mark me as brainliest

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