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Do you agree with the following statement? Single Entry System is based on certain rules and principles - Book Keeping and Accountancy

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प्रश्न

Do you agree with the following statement? 
Single Entry System is based on certain rules and principles

विकल्प

  • Agree

  • Disagree

MCQ
सत्य या असत्य

उत्तर

Single Entry System is based on certain rules and principles.-Disagree.

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Single Entry System
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 10: Single Entry System - EXERCISE [पृष्ठ ३५६]

APPEARS IN

बालभारती Book Keeping and Accountancy [English] 11 Standard Maharashtra State Board
अध्याय 10 Single Entry System
EXERCISE | Q 5. 4) | पृष्ठ ३५६

संबंधित प्रश्न

Answer in one sentence only.
Which types of accounts are normally not kept under the Single Entry System?


Answer in one sentence only.
How Opening Capital is calculated under Single Entry System?


Answer in one sentence only.
Which type of accounts are maintained 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.
Name of method of accounting suitable to firms to having limited transactions.


Write a word, term, or phrase which can substitute the following statement.
A System of accounting which is unscientific.


State True or False with reasons:
Preparation of Trial Balance is not possible under Single Entry System


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? 
Statement of Profit is just like Profit and Loss Account.


Fill in the blank:
Single Entry System is more popular for __________.


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 ______.


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