Question

what is single entry system

Answer 1

Single-entry accounting is a form of bookkeeping and accounting in which each financial transaction is a single entry in a journal or transaction log. As a result, the accounting system is called, not surprisingly, asingle-entry system. And, the approach is also known as single-entry bookkeeping.

Answer 2

single entry according is a form of bookkepping and according in which each financial transactions is a single entry in a journal or transaction log.