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प्रश्न
Receipts and payments account records receipts and payments of _____________.
पर्याय
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.
APPEARS IN
संबंधित प्रश्न
The closing balance of Receipts and Payments account usually represent _______.
In Receipts and Payments Account the summary of _____ transactions are recorded.
Find odd one:
Balance of receipts and payments account indicates the _________.
From the information given below, prepare the Receipts and Payments account of Coimbatore Cricket Club for the year ending 31st March, 2019.
| Particulars | ₹ | ₹ | Particulars | ₹ |
| Bank overdraft (1.4.2018) | 6,000 | Honorarium paid | 2,800 | |
| Cash in hand (1.4.2018) | 1,000 | Water and electricity charges | 700 | |
| Wages paid for ground maintenance | 2,000 | Match expenses | 2,600 | |
| Subscription received: | Sports material purchased | 1,900 | ||
| Previous year | 500 | Match fund receipts | 5,200 | |
| Current year | 9,600 | Legacies received | 2,000 | |
| Subsequent year | 400 | 10,500 | Cash balance (31.03.2019) | 300 |
| Wages yet to be paid | 2,200 | Donation received for pavilion | 2,000 | |
| Interest on loan paid | 2,000 |
Life membership fees are treated as which type of receipt and is directly credited to the capital fund?
How would you treat the following item in the case of a 'not-for-profit' organization?
"Tournament Fund Rs.40.000. Tournament Expenses Rs.14.000. Receipts from Tournament Rs.16.000."
Out of the following items, which one is shown in the Receipts and Payments Account?
Receipts and Payments Account features include:
If a general donation of smaller amount is received by a school, that donation will be shown on ______.
