Question

Recipts and payments accounts of majestic club calculate the

Answer 1

Answer:

bhai calculate the kya

Answer 2

Answer:

Receipt and Payment Account

“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. With the help of this account and some additional information, we prepare income and expenditure account to disclose the true results of non-profit organizations.