Question

What is Single Entry System in Accounts ​

Answer 1

a single entry a single entry each accounting transcation with single entry two accounting records ,rather then the Wesley most widespread double entry system .the single entry system is centred on a result of a buisness that are reported in single account statement

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Answer 2

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, a single-entry system.