Incomplete records cannot be maintained by:
a) Joint Stock company.
b) Partnership firms.
c) Co-operative society.
d) All of the above.
Answers
Answered by
2
Answer:
Partnership firms..............
Answered by
1
The correct answer is D
Explanation:
- Incomplete records are the records or a situation where the business or the company is not using the double entry system of book- keeping. Rather it is using the more informal form of accounting system, like the single-entry system in order to maintain the reduced amount of the information regarding the financial outcomes.
- So, the incomplete records cannot be maintained or prepared by any of the options, which are partnership firm, joint stock company and co-operative society.
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