Accountancy, asked by lakshays529, 3 months ago

"Single Entry System of book keeping is most incomplete, inaccurate, unscientific and unsystematic." Discuss this statement.​

Answers

Answered by maninikar198766
0

Answer:

Although single entry system is a simple and economical system of recording financial transactions of the firm, it has several drawbacks also.The following are some notable drawbacks or disadvantages of single entry system:

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