Advertisements
Advertisements
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
Advertisements
उत्तर
Receipts and payments account records receipts and payments of Both revenue and capital nature.
APPEARS IN
संबंधित प्रश्न
State whether the following statement is True or False.
There is no difference between Receipts and Payment Account and Income and Expenditure Account.
State the meaning of Receipt and Payment Account.
Write the word/phrase/term, which can substitute the following sentence.
The receipts which are not recurring in nature.
Write the word/phrase/term, which can substitute the following sentence.
Accounts which records only cash transactions in case of Not for Profit Concern.
Write the word/phrase/term, which can substitute the following sentence.
All such receipts which are non-recurring in nature and not forming a part a regular flow of income.
State whether the following statement is True or False with reasons.
There is no difference between Receipts and Payments Account and Income and Expenditure Account.
State whether the following statement is True or False with reasons.
Receipts and Payments Account contains only the transactions relating to the current year.
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."
Donations received for a special purpose ______
Mumbai University prepares ______ Account instead of a Profit and Loss account.
