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प्रश्न
Balance of receipts and payments account indicates the _________.
विकल्प
Loss incurred during the period
Excess of income over expenditure of the period
Total cash payments during the period
Cash and bank balance as on the date
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उत्तर
Balance of receipts and payments account indicates the Cash and bank balance as on the date.
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संबंधित प्रश्न
Receipts and Payments Account falls under the category of _____ Account.
Credit side of receipts and payments account shows cash ______.
Consider the following statements,
Statement 1: "Receipt and Payment Account is a summary of all capital receipts and payments".
Statement 2: The Receipt and Payment Account is the summary of cash and bank transactions.
Pick the odd one out:
The nature of Receipts and Payments Account is ______.
Donations received for a special purpose ______
Subscription received by a school for organising annual function is treated as ______.
Out of the following items, which one is shown in the Receipts and Payments Account?
As per Receipts and Payments Account of Kala Club for the year ended 31st March, 2021, subscriptions received were ₹ 4,00,000.
| ₹ | |
| Subscriptions outstanding on 1.4.2020 | 1,00,000 |
| Subscriptions outstanding on 31.3.2021 | 70,000 |
| Subscriptions received in advance on 1.4.2020 | 50,000 |
| Subscriptions received in advance on 31.3.2021 | 80,000 |
Calculate the amount of subscriptions to be shown in Income and Expenditure Account for the year ended 31st March, 2021 as income from subscription.
Find out the wrong pair.
