Name the account which shows classified summary of transactions of a cash book in a not for profit organisation
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Receipts and payment / installment account.
A receipt and installment account is a condensed money book for a given period". "This is a rundown of the money exchanges as in the money book". Non-benefit associations get ready receipt and payment account toward the year's end. With the assistance of this record and some extra data, we can get ready pay and use record to uncover the genuine consequences of non-benefit associations.
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