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Single Entry System and Incomplete Records - Class XI
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Incomplete record mechanism of book keeping is ___________.
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A
Unsystematic
💡 Explanation:
Book keeping is an unsystematic method of recording transactions.It is observed, that many businessmen keep incomplete records because of the following reasons :
(a) This system can be adopted by people who do not have the proper knowledge of accounting principles;
(b) It is an inexpensive mode of maintaining records.