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-Incomplete records refers to a situation where the double entry accounting system is not fully used to keep and maintain books of accounts, or where a single entry accounting system is adopted
-An incomplete record situation is whereby, the accounting system falls short of the double entry. This may be due to:
-Lack of records at all; or
-Insufficient records that will facilitate the preparation of final accounts.
Wincate 1 answered the question on October 12, 2017 at 15:26
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