Single entry can be adopted by :
A) Small firms
B) Joint stock company
C) Registered co-operative societies
D) All of the above
Correct Answer:
Verified
Q3: Under single entry system, certain transactions are
Q4: Under single entry system details of
A)Expenses will
Q5: Under single entry system, only personal accounts
Q6: Statement of affairs is prepared for ascertaining:
A)Financial
Q7: From incomplete records, it is possible to
Q9: The amount of credit sale is ascertained
Q10: The capital at the beginning of the
Q11: Single entry book-keeping means
A)Incomplete records
B)Loose and defective
Q12: Statement of Affairs is a statement of
A)Statement
Q13: Procedure of conversion of Single entry books
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