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The Receipts and Payments Account is a summary of ______. -

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Question

The Receipts and Payments Account is a summary of ______.

Options

  • Debit and Credit balance of Ledger Accounts

  • Cash Receipts and cash Payments 

  • Expenses and Incomes

  • Assets and Liabilities

MCQ
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Solution

The 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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