Single-entry bookkeeping

Single-entry bookkeeping, also known as single-entry accounting, one-write bookkeeping, or pegboard bookkeeping, is a method of bookkeeping that relies on a one-sided accounting entry to maintain financial information. The primary bookkeeping record in single-entry bookkeeping is the cash book, which is similar to a checking account register (in UK: cheque account, current account), except all entries are allocated among several categories of income and expense accounts.

Source: Wikipedia — Single-entry bookkeeping (CC BY-SA 4.0)

Single-entry bookkeeping

Single-entry bookkeeping, also known as single-entry accounting, one-write bookkeeping, or pegboard bookkeeping, is a method of bookkeeping that relies on a one-sided accounting entry to maintain financial information. The primary bookkeeping record in single-entry bookkeeping is the cash book, which is similar to a checking account register (in UK: cheque account, current account), except all entries are allocated among several categories of income and expense accounts.

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Source: Wikipedia "Single-entry bookkeeping" · CC BY-SA 4.0

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