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Doesn't Accommodate Little Company: This technique of bookkeeping will not be well suited for smaller scale enterprise where by only some transactions take place.

Federal government Accounting: This technique of accounting is created to measure the inflow and outflow of presidency capitals or means.

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Accounting Determined by Historical Fees: Accounts are organized on The premise primary (historic) expenditures. The economical statement would not show the effect of the adjustments in value degree.

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