Bookkeeping

Bookkeeping
2 posts
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Double-Entry Bookkeeping vs Single-Entry Bookkeeping
Priyanka Tiku Tripathi
Accounting

Double-Entry Bookkeeping vs Single-Entry Bookkeeping

The vast majority of small businesses - nearly 60% - do not have adequate accounting systems knowledge. This lack of awareness has led small businesses to maintain their books of accounts using a system that is widely characterized as a single-entry bookkeeping system.
5 min read
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