single entry

n. A system of bookkeeping in which a business keeps only a single account showing amounts due and amounts owed.

single entry

n (Accounting & Book-keeping) a. a simple book-keeping system in which transactions are entered in one account only. Compare double entryb. (as modifier): a single-entry account.

sin′gle en′try

n. a simple accounting system noting only amounts owed by and due to a business. Compare double entry. [1820–30]

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Noun

single entry - a simple bookkeeping system; transactions are entered in only one accountsingle-entry bookkeepingbookkeeping, clerking - the activity of recording business transactions

Single entry

Related to Single entry: double entry

SINGLE ENTRY. A term used among merchants signifying that the entry is made to charge or to credit an individual or thing, without, at the same time, presenting any other part of the operation; it is used in contradistinction to double entry. (q.v.) For example, a single entry is made, A B debtor, or A B creditor, without designating what are the connexions between the entry and the objects which composed the fortune of the merchant.

single entry

single entry

single entry

sin′gle en′try

Single entry

single entry

Synonyms for single entry

noun a simple bookkeeping system

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