Multiple Choice
Single Entry system is must suited where:
A) Cash transactions are many
B) Credit transactions are many.
C) Cash & credit transactions are more
D) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Single Entry system has effect:<br>A)One effect<br>B)Tow effect<br>C)Three
Q6: If a store's mark up is 25%
Q7: Who are the real owners of a
Q8: Preference shares, in case the holders of
Q9: Net worth of an organization means the
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
Q15: A Single entry system is usually adopted