Question

Under Single Entry System, Cash
received from Debtors is recorded to the​

Answer 1

Answer:

cash- debit

debtors- credit

Answer 2

The answer is debtors and cash A/c:

Explanation:

• Some transactions are totally recorded under the single entry system.
• Cash received from debtors is recorded in both the debtor's account and the cash account.
• A key issue with small enterprises is that, due to a lack of time and skill, it is impossible to keep complete accounting records using the double-entry approach.
• Furthermore, most small businesses cannot afford to engage outside personnel to keep track of these documents.
• As a result, any set of procedures targeted at determining a business' profit or loss that does not entail maintaining records under the double-entry system is referred to as a single entry system.