simple entry

simple entry
simple entry UK US noun [C] ACCOUNTING
a record in a ledger (= book showing money that has been spent and received) that shows one credit or one debit relating to each transaction: »

Simple entry accounting is the system most of us use for our day-to-day accounts.

Compare COMPOUND ENTRY(Cf. ↑compound entry)

Financial and business terms. 2012.

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Look at other dictionaries:

  • simple entry bookkeeping — recording transactions in only one account …   English contemporary dictionary

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  • entry level — entry .level adj entry level entry level product/model/computer etc a product etc that is the most basic or simple of its kind, making it suitable for people who do not have much money to spend or who do not have experience using the product …   Dictionary of contemporary English

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  • Simple Minds — Simple Minds …   Википедия

  • Simple ring — In abstract algebra, a simple ring is a non zero ring that has no ideal besides the zero ideal and itself. A simple ring can always be considered as a simple algebra.According to the Artin Wedderburn theorem, every simple ring that is left or… …   Wikipedia

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