Accountancy, asked by tanuvyas81, 5 months ago

receipts and payment account made by​

Answers

Answered by Anonymous
4

Answer:

The receipts and payments account summarizes receipts and payments made by a non-trading concern during a particular period of time (usually one year). Its is used to prepare income and expenditure account of non-trading concerns.

Answered by TheDarkDevill
3

The receipts and payments account summarizes receipts and payments made by a non-trading concern during a particular period of time (usually one year). Its is used to prepare income and expenditure account of non-trading concerns.

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