All ___ are shown on the left hand side i.e. debit side of receipts & payments account.

Receipts

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Payments

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Either A or B

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None of these

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Solution

The correct option is A
Receipts

All receipts are shown on the left hand side i.e. debit side of receipts & payments account.

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Similar questions

All ________ are shown on the right hand side i.e. credit side of receipts & payments account.

All of cash nature are shown on the right-hand side, i.e. credit side of receipts & payments account.

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