An organization which has records of only personal accoun...
An organization which has records of only personal accounts is said to be operating on the basis of
Single entry
Real accounts
Nominal accounts
Double entry
Correct answer is A
A single entry system records a transaction with a single entry and only maintains one side of every transaction.
Which of the following is a capital reserve? ...
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS ...
\(\begin{array}{c|c} & N \\ \hline \text{Opening stock:} & \\ \text{- raw materials} & 6...
GH⊄ Sales 200000 Purchase 170000 ...
The acid test ratio in the company is ...