Interested to Buy Any Domain ? << Click Here >> for more details...
Let me know the differences between singlr entry and double
entry system of accounts
- 3 Answers
- 6531 Views
- I also Faced
- E-Mail Answers
Answer Posted / hemant rawat
the system which does not follow the principle of double entry system called single entry.under this system complete record of each and every transaction is not maintained.under this real and nominal accounts are not maintained transaction record only in cash book and only personal account are maintained.
in double entry every transaction has two aspect examle one party is receiving benefit and other giving benefits.when we receive something we give something else in return.for examle when we purchase goods in cash we receive goods and give cash in return.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Short Answer on _________________City Compensatory allowance
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
Define Payee
Can any one explain me how profitability analysis s implemented in Sap & tell me which tables get effected by this... i want to know about copa_derive msgtypes also...
how we could adj. the entries of prop. & firm in merging time
With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?
What is ABC Analysis in industrial function. hw can it s maintain ?
Define the word Profit in terms of business
Hi frnds, can any one tell me how much funds has to be there to convince financially sound during the visa interview and what supporting documents has to be produced. What is backlogs means.....hope the best known will answer.
explain sales/purchase accounting?
Assets are held in the Business for the purpose of____________________
plz tell me short cut method in maths for clerck post in bank
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
with out college degree con't we dc accounting job?
what are the financial ratios that a manager see in accounting?
