Accountancy, asked by mohitsholey, 14 days ago

the receipt and payment account always show

Answers

Answered by PiyaShree1111
0

Answer:

Receipt and payment account functions as a summary of cash payments and receipts of an organisation during an accounting period. ... It does not differentiate between the receipts and payments, whether they are of capital or revenue in nature and records all cash and bank transactions of both capital and revenue nature.

Explanation:

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Answered by oms157258
0

Answer:

cash payments

Explanation:

i I hope it helps you

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