Differentiate Single Entry System and Double Entry System. – InterviewSolution

1.

Differentiate Single Entry System and Double Entry System.

Answer»

Single Entry System	Double Entry System
1.In this system each and every transactions are not recorded	1.In this system both the aspects are recorded for every transactions.
2.It is an incomplete, Unscientific method of book keeping.	2.It is a complete, scientific and satisfactory method of book keep.

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