A. double entry is based on the dual concept while single entry is not based on dual concept
B. double entry is an account while single entry is not an account
C. double entry keeps personal account while single does not
D. double entry is useful for business enterprise while single entry is not
Correct Answer: Option A
A. double entry is based on the dual concept while single entry is not based on dual concept
Explanation
Double entry is based on dual concept, i.e two-fold aspect of transaction whereby single entry ignored the principle of double entry.