From the following details find out total sales made during the year.

	Rs
Debtors on 1st April 2018	50,000
Cash received from debtors during the year	1,50,000
Returns inward	15,000
Bad debts	5,000
Debtors on 31st March 2019	70,000
Cash Sales	1,40,000

What is meant by incomplete records?

State the accounts generally maintained by small sized sole trader when double entry accounting system is not followed.

From the following particulars ascertain profit or loss

Particulars	Rs.
Capital as on 1st January 2018	2,20,000
Capital as on 31st December 2018	1,80,000
Additional capital introduced during the year	40,000
Drawings made during the year	50,000

Find out credit sales from the following information:

Particulars	Rs.
Debtors on 1st April, 2018	1,00,000
Cash received from debtors	2,30,000
Discount allowed	5,000
Returns inward	25,000
Debtors on 31st March 2019	1,20,000

From the following particulars, prepare bills receivable amount and compute the bills received from the debtors.

Particulars	Rs.
Bills receivable at the beginning of the year	1,40,000
Bills receivable at the end of the year	2,00,000
Cash received for bills receivable	3,90,000
Bills receivable dishonoured	30,000

Under single entry system is it possible to check the arithmetical accuracy of books of accounts?

Can a limited company maintain its accounts under single entry system?

Why is statement of affairs prepared under single entry system not referred to as balance sheet?

What are the possible reasons for keeping incomplete records?