A receipts and payments account is similar to A: an income and expenditure account B:profit and loss account C:trading account D:cash book money?

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Is there any specific difference of use of terms Income/expenditure and profit/...
Posted by:
Konain Abbas Khan
12-September-2013

Financial Accounting Accountancy

Question added by Nadjib RABAHI , Freelancer , My own account
Date Posted: 2015/12/19

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1 Answers

Irene Maria Roy

by Irene Maria Roy , Articled Assisitant , V.X.Jose & CO.

A. an income and expenditure account

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