Question

Hola mates!

Which of the following entities generally prepare their books of accounts under single entry system?

i) joint stock company
ii) sole traders
iii) government organisations
iv) non-for-profit organisations

Thnx!

Answer 1

sole traders will use single entry system .

because they don't have the capacity or money to maintain double entry system

Answer 2

Answer:

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Explanation:

ii) Sole traders

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