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Question Practice

What is the main drawback of the single-entry system of accounting?

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MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Theory Base of Accounting
Question Bank

What is the main drawback of t...

Single Answer MCQ
Q-00053887

What is the main drawback of the single-entry system of accounting?

1

It records transactions in a systematic way

2

It provides complete financial information

3

It is easy to maintain

4

It does not capture all aspects of transactions

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