Ostroff, Fair and Company
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Can tell me a company that followed single entry system of accounting?



Can tell me a company that followed single entry system of accounting?

Single Entry system is not really system of account. It is in fact a situation where there is no proper system of accounting being followed..

Companies are to follow a specific system of accounting as required by the law under whose purview they operate.

http://futureaccountant.com/ Source(s): http://futureaccountant.com/
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