Customer Service Chat
Get quote & make Payment
Major advantages of the single entry system, accounting, Basic Statistics
What are the major advantages of the Single Entry System?
Ans. A Single Entry system is considered to be the most simplest method to record the financial transaction, only cash book is required no subsidiary books like purchase credit, Sales Credit, Bills Receivable, Bills Payable Book are required so this system proves to be cheaper than Book Entry System.
In order to do the book keeping under the single entry system, no special knowledge is required, only basic knowledge of the accounting is enough so no special technical executives are required to deploy for the accounting purpose. It saves the manpower and its cost for an organziaiton.
Posted Date: 3/26/2012 1:04:02 PM | Location : United States
Ask an Expert
Major advantages of the single entry system, accounting, Assignment Help, Ask Question on Major advantages of the single entry system, accounting, Get Answer, Expert's Help, Major advantages of the single entry system, accounting Discussions
Write discussion on Major advantages of the single entry system, accounting
Your posts are moderated
Write your message here..
Prepare the journal entries, 1. Unrestricted cash contributions receiv...
1. Unrestricted cash contributions received during the year, $300,000. 2. Restricted cash contributions were received during the year for the following: Education
Compute the proportion, In 2009, the average number of runs scored in the N...
In 2009, the average number of runs scored in the National League was approximately 4.5 per team. Therefore, a team has done an adequate job with its offense if it scores at least
Sampling, z test problems
z test problems
Bonds payable, Bonds payable The face worth of bonds issued and honorary. ...
Bonds payable The face worth of bonds issued and honorary. In the case of zero-coupon bonds, however, and the only and the accreted value of the tie is reported as bonds owed on t
Shamim, the monthly income( in tk''s)persons workingin afarmis as flows ,14...
the monthly income( in tk''s)persons workingin afarmis as flows ,14870,14930,15020,14460,14750,14920,15720,15160,14680,14890 find average monthly income?
T test, Ten students are given coaching for environmental statistics. The s...
Ten students are given coaching for environmental statistics. The score obtained in tests 1 and 5 are given below: Sl No of student 1 2 3 4 5 6 7 8 9 10 Marks in 1st test 50 52 53
State appropriate alternative hypotheses, A cognitive psychologists knows t...
A cognitive psychologists knows that concrete words, which easily evoke images (.e.g. "sunset", "truck") are easier to remember than abstract words, but she would like to know if t
Truss, state the condition followed by dimple truss.
state the condition followed by dimple truss.
Calculate the maximum hourly rate, Question: Sharp Discounts Who...
Question: Sharp Discounts Wholesale Club has two service desks with one server at each desk. There is one desk at each entrance of the store. Customers arrive at each
Managing Ashland Multicomm Services Problem, How many free premium channels...
How many free premium channels should research director recommend
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.