The following is not an advantage of Double entry system:

CS Executive · Corporate and Management Accounting · PYQS · June 2024
The following is not an advantage of Double entry system:
(A) It prevents and minimizes frauds
(B) Helps in decision-making
(C) The trial balance doesn't disclose certain types of errors
(D) It becomes easy for the Government to calculate the tax

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Accounting

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