The correct answer is: D. All of these
Single entry mode is a method of accounting in which only one entry is made for each transaction. This is in contrast to double entry accounting, which requires two entries for each transaction. Single entry mode is often used by small businesses and individuals who do not need the level of detail provided by double entry accounting.
Receipt vouchers are documents that record the receipt of goods or services. They typically include the date, amount, and description of the goods or services received. Receipt vouchers are used to track income and expenses.
Contra
vouchers are documents that record adjustments to previous transactions. They are typically used to correct errors or to record changes in the value of assets or liabilities. Contra vouchers are used to maintain the accuracy of financial records.Payment vouchers are documents that record the payment of goods or services. They typically include the date, amount, and description of the goods or services paid. Payment vouchers are used to track expenses.
Single entry mode can be used to record transactions for all of these types of vouchers. However, it is important to note that single entry mode does not provide the same level of detail as double entry accounting. This means that it is not suitable for businesses that need to track complex financial transactions.