One of the advantage of the shortcomings of single entry ...
One of the advantage of the shortcomings of single entry procedures is that
A trial balance is not available
Profits are overestimated
There are no subsidiary books
There are no control accounts
Correct answer is A
No explanation has been provided for this answer.
Us the following information to answer the question given. \(\begin{array}{c|c} \text{Cost of m...
The use of a three column cash book is determined by ...
Bank reconciliation statement reconciles ...
Opening capital ---10,800 Drawings----------- 2,500 Trade creditors ----2,560 Trade debtors -----...
The statement of affairs prepared from incomplete records can be described as? ...
Which of the following is a factory overhead? ...