sundry receipts(revenue) entry in final accounts
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12
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On the income statement or balance sheet, sundry income may also be listed as miscellaneous income or other operating income. Sundry income must be recorded on financial statements and balance sheets, as it has an effect on a business's net worth and needs to be reported to shareholders.
Answered by
1
Answer:
The entry will be-
Cash A/c Dr.
To Sundry receipts A/c
The amount will be entered according to the question.
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