| Home> Class-12> BOOK KEEPING AND ACCOUNTANCY >Q 54 |
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Que : 54. What is meant by Receipt and Payment Account ? |
Answer: Receipt and payment account functions as a summary of cash payment and receipt of an organisation during an accounting period. |
| Home> Class-12> BOOK KEEPING AND ACCOUNTANCY >Q 54 |
|---|
Que : 54. What is meant by Receipt and Payment Account ? |
Answer: Receipt and payment account functions as a summary of cash payment and receipt of an organisation during an accounting period. |