Accountancy, asked by rameshgodachi8, 2 months ago

give the meaning of incomplete records​

Answers

Answered by nayonikadutta007
1

Answer:

Incomplete records refer to a condition wherein; an establishment is not practising double-entry bookkeeping. Instead, it is practising an unconventional accounting system, namely, a single-entry system, to sustain a decreased amount of data about its financial results.

Answered by gurbajbrargna
0

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 system, to maintain a reduced amount of information about its financial results

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