A system of accounting which is not scientific. Answer in a word / phrase / term.
Answers
Answered by
0
SINGLE ENTRY SYSTEM IS NOT SCIENTIFIC SYSTEM OF ACCOUNT.
Answered by
1
Answer:
Single Entry System
Explanation:
A system of accounting which is not scientific is "Single Entry System "
This system is also known as pure entry system.
It does not follow the traditional dual recording format.
Instead, in a single entry system, only a Cash Book is maintained.
As this method is not very scientific. So it is rarely used in the modern days
Similar questions