SINGLE-ENTRY BOOKKEEPING Definition

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SINGLE-ENTRY BOOKKEEPING is a simple bookkeeping system in which all transactions are recorded in a single record (e.g., a checkbook that indicates expenditures only). Single-entry does not rely upon equal debits and credits.

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RFSB is Rehabilitation Fund for Small Businesses.

CAPITAL IN EXCESS OF PAR see ADDITIONAL PAID IN CAPITAL.

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