Accountancy, asked by urjhapanchamia, 1 year ago

Receipts and payments account do not have any opening balance state true or false

Answers

Answered by kumar99440

2

Answer:

false

Explanation:

because we have opening balance for payment

Answered by sujiritha95

0

Answer:

The statement is false

Explanation:

Receipts and payments account is also otherwise known as cash A/c . so there will be opening balance for sure . therefore statement is false.

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