They record a few translation completely just like the double entry system but a majority of the transactions are recorded only partially is known as incomplete records.

Related MCQs

• Single entry system is mixture of single entry, double entry and no entry.
• Single entry constitutes incomplete records rather than single entry
• In…………………entry system no records are kept for real or nominal Account.
• Under single entry system arithmetical accuracy of the Accounting records can be checked.
• Transactions involving receipt in……………..are recorded on receipt side of cash book.
• ……………system of book keeping is the only scientific method to record farming transaction.
• Under pure single entry system only……………..Account are kept.
• In single entry system it’s difficult to operate …………….system
• In single entry system it’s difficult to detect
• Under the………………… entry system personal accounts, cashbook and other subsidiary books are kept separately.