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प्रश्न
In Receipts and Payments, Account ______ balance is carried forward to the same account for the next accounting period.
पर्याय
opening
closing
debit
credit
MCQ
रिकाम्या जागा भरा
उत्तर
In Receipts and Payments, Account closing balance is carried forward to the same account for the next accounting period.
Explanation:
The closing balance of the Receipts and Payments account is carried forward to the Receipts and Payments Account of the following accounting period.
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Preparation of Income and Expenditure Account
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