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Receipts and payment accounts includes all receipts and payments of ?

<p><strong>a) Capital nature</strong></p> <p><strong>b) Revenue nature</strong></p> <p><strong>c) Cash nature</strong></p> <p><strong>d) None of these</strong></p>

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/10/26
Rajesh Agarwal
by Rajesh Agarwal , Chief Finance Officer , Movit Products Limited

C) Cash nature

Ali Zia
by Ali Zia , Group Chief Financial Officer , Cresset Strategic Partners Pvt Limited

C

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

ANSWER IS C 

Muhammad Salman Jahanzeb
by Muhammad Salman Jahanzeb , Assistant Manager Accounts , Prudent Accountants

C) Cash nature

Receipts and payment accounts record all transactions of cash nature that occur in a period regardless of their nature( both revenue and capital nature are recorded).

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