Advertisements
Advertisements
Question
Answer in one sentence only:
How many methods of recording accounting information are there?
Short Note
Solution
The methods of recording accounting information are broadly classified as:
- Indian System and
- English System. It is subclassified as:
(a) a Single Entry System and
(b) a Double Entry System
shaalaa.com
Methods of Recording Accounting Information
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Answer in one sentence only:
What is Double Entry System?
Answer in one sentence only:
State the meaning of the Single Entry System.
Write one word/term or phrase which can substitute the following statement.
Incomplete system of recording business transactions.
Select the most appropriate alternatives from the given below and rewrite the statement:
Conventional system of accounting is ______
Fill in the blank:
Scientific and complete system of recording is known as ______
Fill in the blank:
Cash Book and Personal Accounts are only maintained under ______ system.
