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Question

Which book is properly written in single entry system?

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Solution

Dear student
Under single entry system both aspect of accounting transaction i.e. Debit and Credit are not recorded as in the case of Double entry system hence it is not possible to prepare Balance sheet as per single entry system. So instead of balance sheet "A statement of affair" is prepared under this system.
Hence "statement of affairs" is the book which is written in single entry system.

Regards

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