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Question
Fill in the blank:
Scientific and complete system of recording is known as ______
Fill in the Blanks
Solution
Scientific and complete system of recording business transactions is known as double entry system.
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Methods of Recording Accounting Information
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What is Double Entry System?
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State the meaning of the Single Entry System.
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Write one word/term or phrase which can substitute the following statement.
Incomplete system of recording business transactions.
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Conventional system of accounting is ______
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