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Distinguish between receipt & payment A/c …

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Distinguish between receipt & payment A/c income expenture a/c on basic of balance

    • Posted by Bhavin Patel 5 years, 7 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sia ? 4 years, 5 months ago

    Receipts and payments account is not required to prepare balance sheet. Income and expenditure account is required to prepare balance sheet.

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