Which of the following is accounted for in receipts and payments account?
A Accrued expenses on annual dances
B Subscriptions due but not yet received
C interest on bank deposit
D Depreciation of the club house
Answer is C
Tutors, Past Questions and Projects.
Which of the following is accounted for in receipts and payments account?
A Accrued expenses on annual dances
B Subscriptions due but not yet received
C interest on bank deposit
D Depreciation of the club house
Answer is C