Question

Identify the item which is not shown under Receipts and Payments Account in case of NPO

Answer 1

Answer:

drepeciatin

Explanation:

All cash and bank transactions, taken from the cash book are shown under suitable headings and titles, such as subscriptions, salaries, rent, electricity charges etc. ... Outstanding items are not recorded in the Receipts and Payments Account and only cash transactions are recorded in it.

Answer 2

Explanation:

Good evening............