Chapter – 10 | Single Entry System

We have studied Double Entry System of Sole Trading concern in previous chapters. Now in
this chapter we are going to learn Single Entry System of Sole Trading concern only. In ancient times
there was no scientific method of recording business transactions. They were maintaining record of
business transactions by their traditional methods. Single Entry System can be useful suitable for
small size business, where the number of transactions are small. Single entry system is not a particular
system of accounting rather it is a Double entry system in an incomplete and unscientific form. It is
not a scientific and accurate system of Accounting.

Part 1

Part 2

Part 3

Part 4

Part 5

Part 6

Part 7

Part 8

Part 9

Part 10

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