The main features of the single system are that?
FINANCIAL
JAMB 1999
The main features of the single system are that?
- A. books of accounts are not maintained and business relies only on bank statement
- B. the journal records are absent and only the main ledger is kept 7
- C. there are incomplete classifications and recording procedures
- D. only credit sales transactions and credit purchase are recorded
Correct Answer: C. there are incomplete classifications and recording procedures
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *