Bookkeeping by single entry
Bookkeeping Book"keep`ing, n. The art of recording pecuniary or business transactions in a regular and systematic manner, so as to show their relation to each other, and the state of the business in which they occur; the art of keeping accounts. The books commonly used are a daybook, cashbook, journal, and ledger. See {Daybook}, {Cashbook}, {Journal}, and {Ledger}. [1913 Webster]

{Bookkeeping by single entry}, the method of keeping books by carrying the record of each transaction to the debit or credit of a single account.

{Bookkeeping by double entry}, a mode of bookkeeping in which two entries of every transaction are carried to the ledger, one to the Dr., or left hand, side of one account, and the other to the Cr., or right hand, side of a corresponding account, in order tha? the one entry may check the other; -- sometimes called, from the place of its origin, the Italian method. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • Bookkeeping by double entry — Bookkeeping Book keep ing, n. The art of recording pecuniary or business transactions in a regular and systematic manner, so as to show their relation to each other, and the state of the business in which they occur; the art of keeping accounts.… …   The Collaborative International Dictionary of English

  • Single-entry bookkeeping system — also known as Single entry accounting system is a one sided accounting entry to maintain financial information.OverviewMost businesses maintain a record of all transactions based on the double entry bookkeeping system. However, many small, simple …   Wikipedia

  • single-entry bookkeeping — UK US noun [U] ACCOUNTING ► a simple system of recording the money spent or received by a small business or organization in one account: »A checkbook is a single entry bookkeeping system where one entry is made for each deposit or check written.… …   Financial and business terms

  • Single entry — Entry En try, n.; pl. {Entries}. [OE. entree, entre, F. entr[ e]e, fr. entrer to enter. See {Enter}, and cf. {Entr[ e]e}.] 1. The act of entering or passing into or upon; entrance; ingress; hence, beginnings or first attempts; as, the entry of a… …   The Collaborative International Dictionary of English

  • Single entry — Single Sin gle, a. [L. singulus, a dim. from the root in simplex simple; cf. OE. & OF. sengle, fr. L. singulus. See {Simple}, and cf. {Singular}.] 1. One only, as distinguished from more than one; consisting of one alone; individual; separate; as …   The Collaborative International Dictionary of English

  • single entry — n. a system of bookkeeping in which the only account kept is a single one consisting usually of a record of cash and of debts owed to and by the concern in question single entry adj …   English World dictionary

  • single entry — single entry, adj. Bookkeeping. 1. an item noted only once. 2. a simple accounting system noting only amounts owed by and due to a business. Cf. double entry. [1820 30] * * * …   Universalium

  • single entry — noun a simple bookkeeping system; transactions are entered in only one account • Syn: ↑single entry bookkeeping • Hypernyms: ↑bookkeeping, ↑clerking * * * noun : a method or system of bookkeeping that recognizes only one side of a business… …   Useful english dictionary

  • Bookkeeping — Book keep ing, n. The art of recording pecuniary or business transactions in a regular and systematic manner, so as to show their relation to each other, and the state of the business in which they occur; the art of keeping accounts. The books… …   The Collaborative International Dictionary of English

  • Bookkeeping — is the recording of financial transactions. Transactions include sales, purchases, income, receipts and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper. Bookkeeping should not be confused with… …   Wikipedia

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