Give the meaning of incomplete records
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Incomplete records refers to a situation in which an organization is not using double-entry bookkeeping. Instead, it is using a more informal accounting system, such as a single-entry system, to maintain a reduced amount of information about its financial results.
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1
Answer:
Incomplete records refers to a situation in which an organization is not using double-entry
bookkeeping. Instead, it is using a more informal accounting system, such as a single -entry, to maintain a reduced amount of information about it's financial results.
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