P2 C10 Accounts from Incomplete Records — Account STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C10 Accounts from Incomplete Records1 Mark
Question
Which type of transactions are recorded in Single Entry System?
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Answer
Only cash transactions such as cash received from debtors or customers, cash paid to creditors or suppliers, cash sales, cash purchases, cash expenses, cash incomes, etc. are recorded in Single Entry System.
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