The ___ is the summary of cash and bank transactions.

Receipts & Payments Account

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Income & Expenditure Account

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Balance sheet

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None of these

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Solution

The correct option is A
Receipts & Payments Account

Receipts & Payments Account is the summary of cash and bank transactions

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Similar questions

The receipts and payments account is the summary of cash and bank transactions which helps in the preparation of _____________.

The receipts and payments account is the summary of cash and bank transactions which helps in the preparation of ___

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