The difference between double entry and single entry is

The difference between double entry and single entry is

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

Ddouble entry is useful for business enterprise while single entry is not

Answer is A

Recording method: Single-entry bookkeeping gives a one-sided picture of transactions recorded in the cash register. In double entry, changes due to one transaction are reflected in at least two accounts.

Error detection: In double entry, debits and credits must always be the same.

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