accounts from i...

Single entry system is most popular for ____________.

In single entry system it is not possible to prepare _____.

Under single entry system "profit" = closing capital - _________________.

Generally incomplete records are maintained by ____________.

A statement of book-keeping which records only one aspect of business transactions and ignores other aspects is known as ________________.

If closing capital is Rs.30000 and profit is Rs.5000; opening capital was Rs. ____________.

Statement of affairs is just like ______________.

In single entry system only ________________ accounts are opened.

An accounting system where debit and credit rule is not followed.

In statement of profit and loss interest on capital is shown as _________.