Keeping records under single entry system has the advantage of
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Correct Answer: Option B
Explanation:
Advantages Of Single Entry System. Single entrysystem does not need any special accounting knowledge and personnel to record financial transaction of the business. It can be maintained easily by the business owner. So, this system of book-keeping is simple to maintain and easy to practice.
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Advantages Of Single Entry System. Single entrysystem does not need any special accounting knowledge and personnel to record financial transaction of the business. It can be maintained easily by the business owner. So, this system of book-keeping is simple to maintain and easy to practice.
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