CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

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


A

Receipts & Payments Account and Income & Expenditure Account

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Income & Expenditure Account and Balance Sheet

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

Balance Sheet and Receipts & Payments Account

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

Income & Expenditure Account and Balance Sheet


It helps in the preparation of income and expenditure account


flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Financial Statements of NPO
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon