Single entry system

This query is : Resolved

Asawari Malhotra (Querist)
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24 February 2013 If only one effect of certain transactions (in terms of debit or credit) has been recorded in the books of accounts .. does it come under single entry system?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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24 August 2013 It is not that. in accounts all the transactions has the double entry only. single entry system is nothing but incomplete books of accounts

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CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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24 August 2013 It is not that. in accounts all the transactions has the double entry only. single entry system is nothing but incomplete books of accounts

Message likes : 1 times

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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24 August 2013 It is not that. in accounts all the transactions has the double entry only. single entry system is nothing but incomplete books of accounts

Message likes : 1 times

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