Accountancy, asked by sunu1, 1 year ago

income&expenditure a/c

Answers

Answered by krazyloverankush
2
income account is the account which tell the money earned monyhly or annualy
expenditure account is the account which tells us about the money spent monthly or annualy.
Answered by Erothar
1
Income A/c is the account which tells us about the money earned by a business by its activities during an accounting period
Expenditure A/c is the account which tells money incuured on production or manufacturing, i.e. cost of manufacturing of goods.
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