Accountancy, asked by armanstark1745, 3 months ago

Receipts and Payment Account is a summary of:

Answers

Answered by kiranbanothe8515

Answer:

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Explanation:

“A receipt and payment account is a summarized cash book for a given period”.”This is a summary of the cash transactions as in the cash book”. Non-profit organizations prepare receipt and payment account at the end of the year.

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