The following is not an advantage of Double entry system:

CS Executive · Corporate and Management Accounting · PYQS · December 2019
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: Accounting Principles

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