Disadvantages of Double-entry System of Book-Keeping:
Though the double-entry system is scientific, it is not free from defects. It suffers from the following defects:
1. Even this system does not disclose all the errors committed in the books of accounts. The trial balance prepared under this system, to test (i.e., to check) the arithmetical accuracy of the books of accounts does not disclose certain types of errors.
2. This system involves the maintenance of a number of account books. So, it is costly.
3. This system requires strict adherence to the principles or the rules of accountancy. As such, a person without adequate knowledge of the principles of accountancy cannot maintain accounts under this system.
Though the double-entry system is scientific, it is not free from defects. It suffers from the following defects:
1. Even this system does not disclose all the errors committed in the books of accounts. The trial balance prepared under this system, to test (i.e., to check) the arithmetical accuracy of the books of accounts does not disclose certain types of errors.
2. This system involves the maintenance of a number of account books. So, it is costly.
3. This system requires strict adherence to the principles or the rules of accountancy. As such, a person without adequate knowledge of the principles of accountancy cannot maintain accounts under this system.
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