Accountancy, asked by 2aboode47, 3 months ago

not-for-profit organisations preparing their books of accounts under single entry system

True or false?

Answers

Answered by seematarkunde0
1

Explanation:

Explanation: Under single-entry system, only cash and personal accounts are maintained, while real and nominal accounts are ignored. It is an incomplete and unscientific system, as incomplete accounts are maintained with no proper rules adopted for recording of transactions.


2aboode47: Soo is it true or false
seematarkunde0: true
seematarkunde0: plss follow
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