Advertisements
Advertisements
Question
Income and Expenditure Account records ______.
Options
Receipts and Payments of Revenue and Capital nature both
Income and Expenditure of Revenue nature only
Expenditure of Capital nature only
Receipts of Revenue nature only
MCQ
Fill in the Blanks
Solution
Income and Expenditure Account records Income and Expenditure of Revenue nature only.
shaalaa.com
Preparation of Income and Expenditure Account
Is there an error in this question or solution?
