Incomplete Records and Single Entry

Contents & notes: what this topic covers

Under Incomplete Records and Single Entry, the JAMB Principles of Accounts syllabus expects you to study:

• 9. Incomplete Records and Single Entry a. Meaning of incomplete records and single entry b. Differentiate between incomplete records and single entry c. Determination of missing figures d. Preparation of final accounts from incomplete records e. Conversion of single entry to double entry

Study notes & guidance

Study Incomplete Records and Single Entry using a recommended Principles of Accounts textbook that follows the JAMB syllabus. Work through the contents listed above one by one, make brief notes in your own words, and then practise as many questions on this topic as you can — in Principles of Accounts, understanding and steady practice matter far more than memorising. Use the objectives below as a checklist: if you can do each one confidently, you have mastered this topic.

Objectives — candidates should be able to

After studying Incomplete Records and Single Entry, you should be able to:

1. Understand and differentiate between incomplete records and single entry;
2. Determine proprietor’s capital using statement of affairs;
3. Determine the amount of sales, purchases, cash balances, debtors, creditors and expenses by converting single entry to double entry; and
4. Use accounting equations, gross and net profit percentages to determine cost of sales, gross and net profits.

These objectives are from the official JAMB syllabus. Use them as a checklist — if you can do each one confidently, you have mastered this topic.

Source: official JAMB UTME Principles of Accounts syllabus (IBASS, jamb.gov.ng). Reproduced for study use. Last checked: 17 Sept 2026. Always confirm the current syllabus on the official portal.