Under single entry system details of

Related MCQs

• Procedure of conversion of Single entry books into Double entry
• A Statement of assets and liabilities prepared under the single entry system is called:
• The statement of profit or loss is prepared according to _______ method to calculate profit or loss under single entry system
• Under single entry system , drawings is _____ to know gross profit
• Statements of assets & liabilities prepared under single entry system is called:
• Under single entry system, certain transactions are recorded :
• Under single entry system, only personal accounts are kept and in some cases:
• Under single entry system the main account book kept is
• Which method is used under single entry system to find out the profit or loss?
• Net Profit under single entry system is equal to