What is the final balance of the receipt and payment account displayed
Answers
Answered by
3
Answer:
It starts with opening Cash and Bank balance (sometimes they are merged) and ends with their closing balances. All receipts are recorded on its left-hand (Debit) side and all payments are recorded on its right-hand (credit) side.
Answered by
1
Answer:
It starts with opening Cash and Bank balance (sometimes they are merged) and ends with their closing balances. All receipts are recorded on its left-hand (Debit) side and all payments are recorded on its right-hand (credit) side.
Explanation:
please mark me as brainliest
Similar questions