Vidyalelo
Commerce · Q1539

Accounting

Graduate and Post Graduate · Commerce · question 1539

Q1539

An accounting system that does not take into consideration outstanding expenses and accrued incomes for computation of profit Is called

A.
Double Entry System
B.
Accrual Based System
C.
Single Entry System
D.
Cash System
Answer

Answer: Option D

Solution

Answer: Option D
No explanation is given for this question Let's Discuss on Board