Answer in one sentence only.Which type of accounts are maintained under Single Entry System? - Book Keeping and Accountancy

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One Line Answer

Answer in one sentence only.
Which type of accounts are maintained under Single Entry System?

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Solution

Under Single Entry System, cash book and personal accounts of debtors and creditors are maintained.

Concept: Single Entry System
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Chapter 10: Single Entry System - Exercises [Page 355]

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Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 10 Single Entry System
Exercises | Q 1. 6. | Page 355
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