Briefly explain the difference between receipt & payment and
income & expenditure account.
Answer Posted / aparna tiwari
receipt& paymnet a/c is a cash a/c whereas income &
expenditure a/c is a P/l a/c.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
What is balance sheet and off balance sheet?
Did you use accounting applications at your previous companies or prefer working manually??
what is the due date of 28th feb
What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP
What is capital adequacy ratio? What is demat account?
What is vat adjustment?
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD
What Is Responsibility Accounting?
Explain what is liabilities and what all does include in current liabilities?
Plz Ask from me New Accounting Questions.
Other accounting interview questions to expect when you interview for an accountancy job include:
Where a cash discount should be recorded in a journal entry?
Define "book value" as applied to accounting
What are the different fields of accounting?