Accountancy, asked by ishikamathur909, 7 months ago

__ is found through receipts and payment account.​

Answers

Answered by mrinalraj96
0

Answer:

Features of Receipt and Payment Account

This Account is a synopsis of cash book. The cash receipts for the year are documented on its debit side (Dr). And, the payments made in cash for the year are recorded on the credit side (Cr) ... It's closing balance depicts closing cash in hand and closing cash at the bank.

Explanation:

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