हिंदी

State True Or False. Only Cash Transactions and Personal Transactions Are Recorded in Single Entry. - Book Keeping and Accountancy

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प्रश्न

State True or False.
Only cash transactions and personal transactions are recorded in Single entry.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

True

Explanation: 
Only transactions related to cash and personal accounts are recorded under single-entry system. Real and nominal accounts are ignored. As accounts under single-entry are maintained by small businesses with limited number of transactions, incomplete records are maintained under this system.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Single entry System - Exercise 4 [पृष्ठ २५९]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
अध्याय 8 Single entry System
Exercise 4 | Q 6 | पृष्ठ २५९
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