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Fill in the blank:Single Entity System is suitable for ________business. - Book Keeping and Accountancy

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प्रश्न

Fill in the blank:
Single Entity System is suitable for ________business.

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उत्तर

Single Entity System is suitable for small business.

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Concept of Single Entry System
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अध्याय 10: Single Entry System - EXERCISE [पृष्ठ ३५६]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
अध्याय 10 Single Entry System
EXERCISE | Q 6. 8) | पृष्ठ ३५६

संबंधित प्रश्न

Answer in one sentence only.
What do you mean by Single Entry System?


Answer in one sentence only.
Which types of accounts are normally not kept under the Single Entry System?


Answer in one sentence only.
Which statement is prepared under the Single Entry system to ascertain the capital balances?


Answer in one sentence only.
How Opening Capital is calculated under Single Entry System?


Answer in one sentence only.

Can a Trial Balance be prepared under Single Entry System?


Answer in one sentence only.
Which type of organization generally follows Single Entry System?


Write a word, term, or phrase which can substitute the following statement.
System of Accounting normally suitable to small business organization.


Write a word, term, or phrase which can substitute the following statement.
Name of method of accounting suitable to firms to having limited transactions.


Write a word, term, or phrase which can substitute the following statement.
A System of accounting which is unscientific.


Do you agree with the following statement? 
Interest on Drawings decreases the amount of profit under Single Entry System.


Do you agree with the following statement? 

Real and Nominal accounts are not maintained under Single Entry System.


Do you agree with the following statement? 
Single Entry System is based on certain rules and principles


Fill in the blank:
Single Entry System is more popular for __________.


Interest in Drawings decreases the amount of profit under the Single Entry System.


Under Single Entry System, Profit = Closing Capital Less ______.


Under Single Entry System, Profit = Closing Capital Less ______.


Under Single Entry System, Profit = Closing Capital Less ______.


Under Single Entry System, Profit = Closing Capital Less ______.


Under Single Entry System, Profit = Closing Capital Less ______.


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