Question

____account deals with income and expenditure​

Answer 1

Income and Expenditure Account is prepared on an accrual basis. All incomes and expensesrelating to the accounting year, whether they are actually received and paid or not, are taken into consideration. Expenditure is recorded on the debit side and income is recorded on the credit side...i hope it helps...please follow me....

Answer by

Kirandeep Kaur

Answer 2

Answer:

I think the answer is income and expenditure hope it helps you mark ME as BRAINLIEST follow ME back please don't forget