Accountancy, asked by gemindia1992, 4 days ago

8.When accounting records are maintained under single entry system as per ______ accounts are maintained

Answers

Answered by kalikinkar811

Explanation:

Under single-entry system, only cash and personal accounts are maintained, while real and nominal accounts are ignored. It is an incomplete and unscientific system, as incomplete accounts are maintained with no proper rules adopted for recording of transactions.

Previous Question

Next Question

Similar questions

Hindi, 2 days ago

दीवाने शब्द का प्रयोग किसके लिए किया गया है? * स्वतन्त्रता सेनानियों के लिए देशभक्तों के लिए किसानों के लिए एक व दो दोनों के लिए...

English, 2 days ago

dimly opposite please tell me the right answer...

Physics, 2 days ago

If P = a^2 b^3 c^-5, if error in a, b and c are 2%, 3% and 1% respectively then the % error in P will be...

English, 4 days ago

note down the essential information what is a tone...

Physics, 4 days ago