Accountancy, asked by peppapine, 2 months ago

All personal, real and nominal accounts are opened in

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Answered by udayvenkat2004

Answer:

Under Single entry System only personal accounts and cash A/c are opened. Explanation: Real and nominal accounts are not maintained under single-entry system. Only personal and cash accounts and the cash and credit transactions (related to personal accounts) are recorded under this system.

Explanation:

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