Incomplete example sentences
The statement of affairs is used to compute capital when a firm has a highly disorganised set of incomplete records.The seventh period is incomplete and like the sixth period would have a theoretical maximum (on the basis of quantum numbers) of 32 elements.It is produced as a result of incomplete combustion of carbon.This chapter deals with the ascertainment of profit or loss and financial position of the firm that have not been maintaining records as per double entry bookkeeping or whose records are otherwise incomplete.Other sources, which produce CO, involve incomplete combustion of coal, firewood, petrol, etc.You have seen that incomplete combustion gives soot which is carbon.Such polynuclear hydrocarbons are formed on incomplete combustion of organic materials like tobacco, coal and petroleum.Hydrocarbons are composed of hydrogen and carbon only and are formed by incomplete combustion of fuel used in automobiles.Therefore, the problem faced in this situation is how to use the available information in the incomplete records to ascertain the profit or loss for the particular accounting year and to determine the financial position of a entity as at the end of the year.During incomplete combustion of alkanes with insufficient amount of air or dioxygen, carbon black is formed which is used in the manufacture of ink, printer ink, black pigments and as filters.Hence, these are usually referred as incomplete records.However, the mechanism of incomplete records suffers from a number of limitations.Accounting records, which are not strictly kept according to double entry system are known as incomplete records.The accounts maintained under this system are incomplete and unsystematic and therefore, not reliable.A statement of affairs is prepared from incomplete records where most of the assets are recorded on the basis of estimates as compared to a balance sheet which is prepared from records maintained on the basis of double entry book-keeping and all assets and liabilities can be verified from the ledger accounts.
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