File: Ncert Solutions For Class 11 Accountancy Part 2 Chapter 3
www ncrtsolutions in ncert solutions for class 11 accountancy financial accounting part 2 chapter 3 accounts from incomplete records short answers solutions of questions on page number 464 q1 state ...
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...Www ncrtsolutions in ncert solutions for class accountancy financial accounting part chapter accounts from incomplete records short answers of questions on page number q state the meaning answer that are not recorded as per double entry system known according to kohler dictionary accountants single is defined a book keeping which rule only cash and personal maintained it always varying with circumstances many small sized business firms maintain their transactions they do proper books mainly prepare like debtors creditors balance sheet at end year needs this also defective preparation statements neither easier nor effective under consequently accurate profit or loss possible ascertain what reasons simple method proprietors who have knowledge principles find much convenient less time consuming maintaining few be further comprehensive expensive an economical mode there no need appoint specialised accountant flexible owner may record his her own can easily adjusted changed whenever needed ...