Disadvantages of double entry system of A/C? everywer simply merits of Double entry system are mentioned.?



Answers:    Disadvantages:

Can be difficult to learn.
Requires multiple entries for like peas in a pod transaction.
More prone to mistakes.
Finding mistakes can take longer.

Compare to single-entry or pegboard accounting systems for citation. Single-entry is faster to learn, but offer less flexibility and mostly requires a smaller Chart of Accounts.

Basically, you are looking at a difference between using Quicken and Quickbooks (single-entry vs. double-entry).

Good luck!

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