Accountancy, asked by Nigam4609, 1 day ago

Distinguish between Income and Expenditure Account and Receipts and Payments Account on the basis of its nature.

Answers

Answered by jagadeesanjaga48

Answer:

income is profit for us expenditure is loss for us income comes by hours working but expenditure comes by the things which we which we buy receive it is a paper payment account it is s which have we have in bank

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