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महाराष्ट्र राज्य शिक्षण मंडळएचएससी कला (इंग्रजी माध्यम) इयत्ता ११ वी

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

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प्रश्न

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

पर्याय

  • Agree

  • Disagree

MCQ
चूक किंवा बरोबर
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उत्तर

Interest on Drawings decreases the amount of profit under Single Entry System.-Disagree.

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Concept of Single Entry System
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 10: Single Entry System - EXERCISE [पृष्ठ ३५६]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
पाठ 10 Single Entry System
EXERCISE | Q 5. 2) | 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.

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.
A System of accounting which is unscientific.


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


Do you agree with the following statement? 
Statement of Profit is just like Profit and Loss Account.


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


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


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 ______.


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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