English, asked by Krunaldhalani3015, 1 year ago

what is definition of singal entry system

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Answered by jahanvi7
0
It is likely that the company would enter details of a transaction once only, using a single entry accounting system. Single entry accounting is a simple bookkeeping system in which transactions are recorded in a single record.

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Answered by rani107
0
A single entry system record each accounting transactions with a single entry to the accounting record rather than the vastly more widespread double entry system
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