Under the………………… entry system personal accounts, cashbook and other subsidiary books are kept separately.

Related MCQs

• Under…………… entry system, Personal Accounts and Cash Book are kept separately.
• Single entry system is mixture of single entry, double entry and no entry.
• Under pure single entry system only……………..Account are kept.
• In…………………entry system no records are kept for real or nominal Account.
• Single entry constitutes incomplete records rather than single entry
• Under single entry system the profit and loss can be found out and also it’s comparison will be available.
• Deposits from Society and individuals should be shown separately to the …….. side of balance sheet.
• Actual petty expenses paid by branch from petty cash are to br shown separately in Branch Account.
• Under single entry system arithmetical accuracy of the Accounting records can be checked.
• In single entry system it’s difficult to operate …………….system