Question

what are the limitations of incomplete records​

Answer 1

Answer:

The limitations of incomplete records are as follows : (a) As double entry system is not followed, a trial balance cannot be prepared and accuracy of accounts cannot be ensured. (b) Correct ascertainment and evaluation of financial result of business operations can not be made.

Answer 2

limitations of incomplete records :

(a) As double entry system is not followed, a trial balance cannot be prepared and accuracy of accounts cannot be ensured.

(b) Correct ascertainment and evaluation of financial result of business operations can not be made.

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