हिंदी

State True Or False. Under Single Entry System It is Not Possible to Prepare Trial Balance. - Book Keeping and Accountancy

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प्रश्न

State True or False.
Under Single Entry System it is not possible to prepare Trial Balance.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

True

Explanation:As incomplete records are maintained under this system, it is not possible to prepare a Trial Balance. Only transactions related to cash and personal accounts are recorded under single-entry system, while transactions related to real and nominal accounts are ignored. Hence, it is difficult to prepare a Trial Balance.

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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 5 | पृष्ठ २५९
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