Solved

A Single Entry System Is Usually Adopted By

Question 15

Multiple Choice

A Single entry system is usually adopted by:


A) Company
B) Partnership
C) Government
D) None of above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: Single Entry system is must suited where:<br>A)Cash

Q11: Equity shares cannot be issued for the

Q12: In Single entry system, it is not

Q13: In single entry system only accounts are

Q14: In single entry system profit is calculated

Q16: Company has ……………<br>A)Separate Legal Entity<br>B)Perpetual Existence<br>C)Limited Liability<br>D)All

Q17: Capital can be obtained by preparing:<br>A)Cash book<br>B)Statement

Q18: A Statement of assets and liabilities prepared

Q19: Bad -debts written off always affect the:<br>A)Debtors

Q20: If the rate of G.P on sale