Home » Past Questions » Accounts » The difference between double entry and single entry is

The difference between double entry and single entry is


Question

The difference between double entry and single entry is

Options

A) double entry is based on the dual concept while single entry is not based on dual concept

B) double entry is an account while single entry is not an account

C) double entry keeps personal account while single does not

D) double entry is useful for business enterprise while single entry is not

The correct answer is A.


More Past Questions:


Discussion