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Accounts from Incomplete Records — Accountancy STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12AccountancyAccounts from Incomplete Records2 Marks
Question
Define of Single Entry System.
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Answer

According to Kohler, “Single Entry System is a system of Book-keeping in which as a rule, only records of cash and personal accounts are maintained. It is always an incomplete double entry system varying with circumstances.

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