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प्रश्न
Receipts and payments account records receipts and payments of _____________.
विकल्प
Revenue nature only
Capital nature only
Both revenue and capital nature
None of the above
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उत्तर
Receipts and payments account records receipts and payments of Both revenue and capital nature.
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संबंधित प्रश्न
State whether the following statement is True or False with reasons.
Purchases of Sports Equipments is a Capital Expenditure.
In Receipts and Payments Account the summary of _____ transactions are recorded.
Credit side of Receipts and Payments Account shows cash ______.
Balance of receipts and payments account indicates the _________.
Give four examples for capital receipts of the not-for-profit organisation.
From the information given below, prepare the Receipts and Payments account of Madurai Mother Theresa Mahalir Mandram for the year ended 31st December, 2018.
| Particulars | ₹ | Particulars | ₹ |
| Cash balance as on 1.1.2018 | 2,000 | Fire Insurance premium paid | 1,500 |
| Bank balance as on 1.1.2018 | 3,000 | Subscription received | 8,500 |
| Sale of old newspapers | 500 | Furniture purchased | 6,000 |
| Stationery purchased | 6,000 | Purchase of newspapers | 700 |
| Audit fees paid | 2,000 | Depreciation on furniture | 900 |
| Entrance fees received | 3,000 | Cash balance as on 31.12.2018 | 2,500 |
| Sundry charges | 6,000 | Conveyance paid | 1,000 |
| Scholarships given | 2,000 | Sale of furniture | 4,000 |
| Interest on investments | 2,000 |
Identity the type of fund stated below:
'Himanshu Club has a fund which can only be used for the distribution of prizes.'
Out of the following items, which one is shown in the Receipts and Payments Account?
What is the correct chronological order of four civilisations of Mesopotamia
Do you agree or disagree with the following statements:
All receipts are the items of revenue income.
