Accountancy, asked by okelseti73, 11 months ago

what is meant by income-ependiture A/C

Answers

Answered by Alexgeorge30

Answer:

expenditure is the money spent by u in a month or according to ur question

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Answered by brainliest35

Answer:

Income and expenditure account can be defined as an account that reveals surplus or deficit of a non-trading concern by matching incomes and expenses of a specified accounting period.

Explanation:

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