Accountancy, asked by bahugunarohit11, 2 months ago

Q- List any three advantages of single-entry system ? ​

Answers

Answered by Anonymous
21

αиѕωєя❤:-

Advantages of Single Entry System

Easy to understand: A single entry system is very easy to understand even a layman can understand. ...

Cost-effective: In single entry system we not require any accountant and chartered accountant for audit the account so the cost is very less cooperative to double-entry book-keeping system.

Answered by maninikar198766
2

Answer:

Easy to understand: A single entry system is very easy to understand even a layman can understand. ...

Cost-effective: In single entry system we not require any accountant and chartered accountant for audit the account so the cost is very less cooperative to double-entry book-keeping system.

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