Question

what are the difference between the incomplete records and double entry system?​

Answer 1

Explanation:

In single entry system, incomplete records are maintained while in double entry system complete recording of transactions is there. In single entry system comparison between two accounting periods is very difficult. ... On the other hand, personal, real and nominal accounts are kept in Double Entry System.

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Answer 2

Explanation:

single entry system, incomplete records are maintained while in double entry system complete recording of transactions is there. ... Single Entry System maintains personal and cash accounts. On the other hand, personal, real and nominal accounts are kept in Double Entry System.

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