Meaning of single entry system of book keeping is
A) only one entry for each transaction
B) incomplete double entry system
C) both entries only in accounts
D) none of these
Correct Answer:
Verified
Q5: Which account is prepared to find out
Q6: In foreign branch fixed asset shall be
Q7: By what rate the balance of head
Q8: Excess of asset over liability is called
A)creditors
B)profit
C)capital
D)goodwill
Q9: Following records are made in single entry
Q11: Single entry system of book keeping system
A)is
Q12: The liabilities and assets respectively are rs
Q13: To find out the opening and closing
Q14: In which book the transactions are recorded
Q15: Floating asset is known as
A)fixed asset
B)current assets
C)non
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