Single entry system is not supported by …………….act
INCOMPLETE RECORDS

Quiz
•
Business
•
11th - 12th Grade
•
Hard
VANDANA DALAL
Used 62+ times
FREE Resource
20 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
2.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
Single entry system gives…………….. Profit & loss/ financial position of firm.
3.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
Single entry system of accounting is comparatively ……… expensive.
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Dual aspect is completely follow in single entry system. F
True
False
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In single entry system a firm has fully control on assets.
True
False
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
To compute capital amount in single entry system statement of affair is to be prepared.
True
False
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In single entry system accounting principles are perfectly followed.
True
False
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