P2 C10 Accounts from Incomplete Records — Account STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C10 Accounts from Incomplete Records1 Mark
Question
How does single entry system differ from the double entry system?
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Answer
According to double entry system, all transactions are recorded with double effect, wherein single entry system some transactions are recorded with single effect and others arerecorded with double effect.
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