Which of the following item is shown in the Receipt and Payment account?

Related MCQs

• There are 100 members each p aying an annual subscription of 500. The Receipt and Payment account shows arrear subscription of 4,500, advance subscriptions 6,000 and current 44,500. How much amount to be credited in the Income and Expenditure account?
• Which of the following items are shown in the income and expenditure account?
• Income and Expenditure account shows subscription at 2,50,000. Subscriptions accrued in the beginning of the year and at the end of the year were 25,000 and 37,500 respectively. The amount of subscriptions received appearing in re ceipts and payments account will be
• On receipt of goods from the consignor the consignee debits which of these accounts?
• In case of not for profit making concern, endowment fund receipt is treated as
• Endowment fund receipt is treated as
• Subscription received in advance to be shown in
• Capital expenditures are shown in the
• At the en d of the accounting year bills receivable discounted were 32,000 would be shown
• Closing stock appearing in the trial balance is shown in