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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

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.

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर
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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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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 8: Single entry System - Exercise 3 [पृष्ठ २५९]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 8 Single entry System
Exercise 3 | Q 5 | पृष्ठ २५९
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