Tag Archives: ECO-02 Accountancy 1

Incomplete records system is unscientific

incomplete records system

Incomplete records system is unscientific, incomplete, inaccurate and unsystematic. Explain Incomplete records system, also known as a single entry system is not a standard practice like double-entry system based on dual aspect concept. The double-entry system is based on scientific dual aspect concept that makes it possible to scientifically locate …

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