welcome By M.Manikumar, M.com(1).
SINGLE ENTRY SYSTEM • Accounting records which are not maintained according to double entry principles is known as Single Entry System.
Book keeping • In other words any system of book keeping which is not a complete double system of book keeping.
Features of single entry system • It is incomplete and unscientific method • Generally both aspects of debit and credit are not recorded • Less costly.
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