goodwill-S
ganith business solution
1 Varies with device
A single entry system records each accounting transaction with a single entry to the accounting records, rather than the vastly more widespread double entry system. The single entry system is centered on the results of a business that are reported in the income statement. The core information tracked in a single entry system is cash disbursements and cash receipts. Asset and liability records are usually not tracked in a single entry system; these items must be tracked separately.

The primary form of record keeping in a single entry system is the cash book.

Content rating: Everyone

Requires OS: 4.0.3 and up

...more ...less