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Video tutorials - Book Keeping and Accountancy: Single Entry System H.S.C Maharashtra State Board (MSBSHSE)

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Single Entry System [01:27:06]
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Single Entry System
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Description

1. Introduction

  • Meaning of single entry system.
  • Difference between single entry and double entry system.

2. Preparation of statements

3. Additional information:-

  • Additional capital
  • Drawings
  • Depreciation on fixed Asset
  • Bad Debts
  • Reserve for Doubtful Debts
  • Undervaluation and Overvaluation of Assets and Liabilities
  • Interest on loan
  • Interest on capital
  • Interest on Drawings
  • Partners salary
  • Outstanding / Unpaid expenses
  • Prepaid Expenses/ Expenses paid in advance.
  • Illustrations
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