|
No
|
Conventional Accounting System
|
Double entry Book Keeping System
|
|
1
|
Conventional Accounting system is a traditional method of recording accounting information.
|
Double entry Book Keeping System is the most perfect, scientific and complete system of recording the business transaction.
|
|
2
|
This method of recording covers less details of transactions.
|
Double entry Book Keeping System covers complete and details of business transactions.
|
|
3
|
Arithmetical accuracy is not guaranteed.
|
Arithmetical accuracy is guaranteed
|
|
4
|
Only two books are prepared:
(a) Cash Book
(b) Ledger
|
All subsidiary books / Journals and Ledgers are prepared
|
|
5
|
All transactions are basically recorded in only one book i.e. cash book.
|
All transactions are recorded in different Subsidiary Books/ Journal
|
Difference Between Conventional Accounting System and Double entry Book Keeping System
Pretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I'll be subscribing to your feed and I hope you post again soon. Big thanks for the useful info. buy instagram likes cheap instant
ReplyDeletehttps://www.srdlawnotes.com/2016/11/the-importance-of-computerized.html?showComment=1593376994587#c7196217040831998884
ReplyDeleteI would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. Thanks... Accounting Assignment
ReplyDeleteI propose merely very good along with reputable data, consequently visualize it: bookkeeper data entry
ReplyDeleteNet Banking is a major preferred option for everyone who is much towards accessing things online, the UCO Bank Net Banking facilities are provided to its customers only, who can enjoy the online service without waking to the Branch. uco bank net banking The online banking does allow them to get the updated list of transactions which can be for months older, Getting direct access to their bank allows customers to get their money Banking items done in an easy way.
ReplyDeleteGreat job. I just revealed your well-explained content and impressed how decently you stated the difference between conventional accounting system and double entry bookkeeping system though my browsing purpose was to learn about online accounting system. All the points you focused in the table were very very worth to stay here. I appreciate your brilliant demonstration.
ReplyDeleteThe author has discussed a very resourceful topic in times of the pandemic. We, as a nation, cannot keep our children out of schools forever. Hence a plan needs to be implemented where children can safely go to school without getting mass infected. However, it is not recommended for parents or children to go physically to the shops for book supplies. Hence there is a need for an online book shop such as KitaabNow.
ReplyDeleteHigh School and Intermediate Education Board The Uttar Pradesh State Government Administered Autonomous Examining Authority for the Standard 10th Examination of Uttar Pradesh is headquartered in Prayagraj, India. UP Highschool Model Paper 2022 The UP Board will be conducting the High School Public Exam 2022 very soon, and the UPMSP 10th Date Sheet 2022 Pdf for Hindi and English Medium is available on the official website. Every year in the month of March, the UP Board conducts the High School Final Exam, which attracts over 28 lakh students. UP Question Paper 2022 for 10th Class is extremely important to know the Pdf Format of the Sample Paper for the upcoming High School Exam 2022.
ReplyDelete