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单词 single-entry bookkeeping
释义

single-entry bookkeeping

Definition
Simple system for recording accounting information in which transactions are recorded only once, and not twice as debits and credits of 'double entry bookkeeping' system. Used primarily in simple applications such as checkbook balancing or in very small (cash-based) businesses. It does not require keeping of journals or ledgers, but is not compatible with the provisions of GAAP.
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更新时间:2025/4/18 10:00:12