Revenue receipts are shown in —

Related MCQs

• All revenue receipts and expenditure are shown in –
• Receipts and payment accounts includes all receipts and payments of
• Receipts and payment accounts records all receipts and payments of
• ) A Receipts and Payments Account is nothing but a summary of all capital receipts and payments.
• The receipts and Payments account records receipts and payment of
• Match List I (Financial Statements and Accounts) with List II (special matters associated with statements and accounts) and select the correct answer using the codes given below the lists: List I List II i) Receipts and Payments Account I. Revenue ii) Income and Expenditure Account II. Cash iii) Club subscription received in III. Liability Advance Account Codes:(i) (ii) (iii)
• Out of the following items, which one is shown in the Receipts and Payments Account? Sol:
• All receipts of capital nature are shown in : Sol:
• Out of the following items, which one is shown in the Receipts and Payments Account:
• (i) Salaries as per Income and Expenditure Account Rs.1,500 (ii) Salaries paid in advance in previous year Rs.700 (iii) Salary outstanding at the end of current year Rs.300 (iv) Salary outstanding at the end of previous year Rs.800 From the above information given, the amount of salaries to be shown in Receipts and Payment Account can be valued at