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what is the meaning of single entery system and double
entery system ?
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Answer Posted / vijaykumarreddy
double entry -- a method of bookkeeping in which there are
two entries for each transaction, one as a debit and the
other as a credit, that check and balance each other
single entry -- a method of bookkeeping in which each
transaction is entered only once on the account books
| Is This Answer Correct ? | 26 Yes | 7 No |
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