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प्रश्न
State True or False.
Drawings made during the year decreases the profit under single entry system.
पर्याय
True
False
MCQ
चूक किंवा बरोबर
उत्तर
False
Explanation: Under single-entry system, drawings made during the year are added to the capital at the end of the year in order to arrive at the profit figure. Hence, drawings made during the year increase the profit under this system.
shaalaa.com
Effects of Adjustments-Drawings
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