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Question
Receipts and Payments Account is a summary of ______.
Options
Debit and Credit balance of Ledger Account
Cash Receipts and cash Payments
Incomes and Expenses
Balances of assets and liabilities
MCQ
Fill in the Blanks
Solution
Receipts and Payments Account is a summary of Cash Receipts and Cash Payments.
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Receipts and Payments Account
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