Accounting Manager Interview Question:

What is the disadvantage of double entry system?

Submitted by: Muhammad

The disadvantage of double entry system,

☛ If there is any compensatory errors, it is difficult to find out by this system
☛ This system needs more clerical labour
☛ It is difficult to find the errors if the errors are in the transactions recorded in the books
☛ It is not preferable to disclose all the information of a transaction, which is not properly recorded in the journal
Submitted by: Muhammad