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Model Paper 5 — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountModel Paper 51 Mark
MCQ
Single entry system records
  • A
    Two sided effect
  • ✓
    One sided effect
  • C
    Three sided effect
  • D
    Four sided effect
✓

Answer

Correct option: B.
One sided effect
B
One sided effectth
Explanation:
Sometimes for certain transactions, both aspects are recorded, for others one aspects are recorded and some transactions are not even recorded. that's why it is called as unscientific system of accounting. This is incomplete system of accounting.

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