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Question
State True or False.
Arithmetical accuracy can’t be checked in single entry.
Options
True
False
Solution
True
Explanation: Under single-entry system, it is difficult to prepare Trial Balance from incomplete records. As Trial Balance cannot be prepared, arithmetical accuracy cannot be assured.
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Select the most appropriate answer the alternatives given below and rewrite the Sentence.
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Fill in the blank:
In _________Book Keeping System, in every business transaction we find two effects.
