Methods of << hidden embedded link removed by moderator >> transaction
Business transactions are recorded in two different methods:
Single Entry Method
Double Entry
1.Single Entry Method:
It is incomplete system of recording business transactions. In this entry method the business organization maintains only cash book and personal accounts of debtors and creditors.
2.Double Entry Method:
It this method every business transaction is having a two effects with equal debits and credits.
-- Edited by Shamus on Tuesday 10th of March 2015 12:40:28 PM
Just a note to say that we don't only spot links that people put in their signatures.
Now, why do you feel that you needed to share the above?
No time to ban you at the moment... I may be back later to ponder the more fundamental question as to who would be a users of the above post.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
