Accountancy, asked by chiragnor5320, 1 year ago

What would be the aims and objective of a cloth merchant to use single entry system??

Answers

Answered by manish2808

If the cloth merchant is a small businessman, then single entry system is cost-efficient. It is easy to understand, saves a lot of efforts and don't need hiring skilled accounting personnel.

Previous Question

Next Question

Similar questions

Physics, 7 months ago

The linear magnification produced by a spherical mirror is -1. Then the image formed is: a) real and magnified b) real and of the same size of the object c) virtual and of the same size of the object d) virtual and erect ...

CBSE BOARD XII, 7 months ago

Q.2. To avoid the careless mistake under pressure and to achieve the goal, which of them should be more valuable. (a) Planning (b) Staffing (c) Supervision (d) Budgeting...

Science, 7 months ago

a. Wheat and gram grow best in sandy soil. b. Clayey soil is best to grow cotton. c. Lamps and pots are made of loamy soil. d. Clayey soil has the maximum percolation rate. e. Deforestation decreases the rate of soil erosion.

English, 1 year ago

The coach trained the team The team won the match...

English, 1 year ago

what was the effect of jerome presence when George and Harris started package hampers? Chapter packing class 9...

Science, 1 year ago

How does sulphur react with oxygen?

English, 1 year ago

WHAT IS THE LESSON LEARNT FROM THE STORY 'THE ENCHANTED POOL' ?

English, 1 year ago

hey m in class 10 plz give me some tips so that i could get 100 % in boards.....