Under Incomplete records only _____ accounts are maintained.

Related MCQs

• Incomplete records are maintained usually by a
• The trial balance of the accounts of incomplete records shows
• Which of the following statements is/are true? (i) Cash Book records all cash receipts and cash payments (ii) Cash Book records all sale and purchase transactions of goods both in cash and on credit (iii) Cash Book records discount on Cash Payments
• To obtain the amount of credit sales made during an accounting period, which account is generally used in single entry and incomplete records?
• From incomplete records, it is possible to prepare
• Single entry system of accounts is maintained by ______
• The book which all accounts of the firm are maintained is known as
• When a separate set of books is kept for the joint Venture, the commonly accounts maintained are
• For depreciation on fixed assets, whose accounts are maintained by the head office, the head office
• Receipts and payment accounts records all receipts and payments of