Question : The Receipts and Payments Account does not include:
Option 1: Capital receipts and payments
Option 2: Revenue receipts and payments
Option 3: Non-cash items
Option 4: None of these

Question

Question : The Receipts and Payments Account does not include:

Option 1: Capital receipts and payments

Option 2: Revenue receipts and payments

Option 3: Non-cash items

Option 4: None of these

Team Careers360 · Accepted Answer

Correct Answer: Non-cash items

Solution : Receipts and Payments Account is an account which is the summary of the cashbook. It does not record non-cash items. Hence, the correct option 3.

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Question : The Receipts and Payments Account does not include:Option 1: Capital receipts and paymentsOption 2: Revenue receipts and paymentsOption 3: Non-cash itemsOption 4: None of these

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Question : The Receipts and Payments Account does not include:
Option 1: Capital receipts and payments
Option 2: Revenue receipts and payments
Option 3: Non-cash items
Option 4: None of these

Question :
The surplus generated by a not-for-profit

Question :
As all other business concerns be its sole

Question :
Receipts and Payments Account does not include

Question :
Receipts and Payments Account shows receipts