Question

items not recorded in receipt and payment A/c are.​

Answer 1

Answer:

he item to be mentioned in income & expenditure account is outstanding or prepaid expenses. But it is not recorded in receipt & payments account because such type of entries are of revenue nature and revenue nature entries cannot be recorded in receipt & payments account

Answer 2

Answer:

Non-Cash Items are not recorded in Receipts & payments A/c

Explanation:

Such as Outstanding & Prepaid expenses are not recorded or considered in Receipts & Payments Account because these entries are of revenue nature.

Hope this helps you dear :-)