Interested to Buy Any Domain ? << Click Here >> for more details...
Defects of single entry system
- 1 Answers
- 11870 Views
- Mphasis, Outsource Partners International, I also Faced
- E-Mail Answers
Answer Posted / sonali
This system does not track the assets and liabilities
account such as inventory, account receivable and account
payable.
It facilitates the calculation of income but not the
financial position. There is no direct linkage between the
income and the balancesheet.
Errors may go undetected and often are identified through
bank reconciliation statement
| Is This Answer Correct ? | 15 Yes | 1 No |
Post New Answer View All Answers
We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.
can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....
Expand DPCO
How do you avoid loss situation
about tally erp9
Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not
I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.
EXPAND___________NAC
where we have file E-returns in SAP FICO-CIN/Wtax?
Expand CCIT?
Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
plz send me a solved paper on SBI of clerk post
what is absorbtion coasting?
