Incomplete records are usually maintained by
Company
Government
Small traders
None of these
Under__________ system real and normal aspect of each transaction is not recorded.
single entry system
double entry system
Both of these
Find the odd one and state reason.
Dishonor of bill
Bills receivable
Dishonor of discounted bill
Dishonor of endorsed bill
____________ account is prepared to find out credit sales.
Debtors
Creditors
Sales
Purchase
_________ is prepared on the basis of those which are not based on double aspects.
Balance sheet
Statement of affairs
Trail balance
Journal
Analysis of accounting is not possible through ______________ system of accounting.
Single entry
Double entry
Cost accounting
Management
Incomplete records mechanism of book keeping is:
Scientific
Unscientific
Unsystematic
Both b and c
____________ system of accounting can be adopted by people who do not have the proper knowledge of accounting principles.
Single entry system
Incomplete records
Both a and b
Capital accounts are not prepared under__________system.
single entry
double entry
Statement of affairs is prepared to ascertain
Profit
Capital
Expenses
Income