Accountancy, asked by jyotipawar9096, 1 month ago

singal entry may be adopted to ___.

Answers

Answered by ashraya2802

Answer:

small firms

Explanation:

Single Entry System of Accounting, also known as Accounting from Incomplete Records, is a non-standard and non-scientific system of accounting. This system is adopted by small businessmen as they do not have enough capital and expertise to employ the standard double entry system of accounting in their business.

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