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Advantages of double-entry book-keeping system?

advantages of double-entry book-keeping system?


What are barriers to entry in a monopoly?

Tel me also advantages and disadvantages of Oligopoly?


What are the advantages and disadvantages of voice data entry?

Advantages Your hands are kept free. you dont have to type things in


What are the Disadvantages of double entry?

The disadvantages are:- 1. It is time-consuming. 2. Specialist knowledge is needed to perform double-entry 3. A businesses administration costs will increase due to the need to recruit a book keeper.


What are the advantages and disadvantages of data entry?

i dont noand i dont carey arnt u tellin me da answer 4


What are some advantages and disadvantages to store data in a spreadsheet?

Advantages of storing data in a spreadsheet include easy organization, quick data entry, and customizable formatting options. However, disadvantages may include limited data handling capabilities, potential for errors in manual data entry, and restrictions on collaborative editing.


Advantages and disadvantages of the London Docklands?

The advantages of the redevelopment of the London Docklands were the removal of abandoned structures, creation of new jobs, and a cleanup effort for the environment. Disadvantages include overpriced housing, loss of entry level jobs, and heavy congestion in the area.


What are the advantages and disadvantages of Double entry system?

The business expenses will increase because the business will have to recruit a professional book keeper to produce an accurate double-entry account. If you don't know what you doing, then it will be easy to make mistakes. Plus it can take long period of time to find a mistake Time consumer- every transaction must be entered two times Produced by Adil Ferej


State the double entry principle?

state the principles of double entry


What is a double entry account?

Contra entry


What are the advantages and disadvantages of using the Macintosh Operating System?

The advantage is that windows let light into your house. The disadvantages include that the house can lose heat more quickly through the windows; also, that they provide an additional entry point for thieves.


Who introduces double entry accounting?

Double Entry Accounting is introduced by Lucas Paciolli