Financial Accounting May/June 2011

Financial Accounting May/June 2011

Questions:	1	2	3	4	5	6	7	8	9	Main

General Comments
Strength
Weakness/Remedies

question 4
What is single entry accounting system? State two characteristics of single entry accounting system. State three disadvantages of single entry accounting system.
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observation
Majority of the candidates attempted this question and performed well.