Question

what do you mean by accounting from incomplete records?​

Answer 1

Answer:

Mark me as brainliest.

Explanation:

Incomplete records refers to a situation in which an organization is not using double-entry bookkeeping. Instead, it is using a more informal accounting system, such as a single-entry system, to maintain a reduced amount of information about its financial results. Under a single-entry system, it is possible to maintain a cash-basis income statement, but not a balance sheet.