Income and expenditure account is more detailed... - JAMB Accounting 2015 Question
Income and expenditure account is more detailed than receipts and payments account because it disclosed
A
cash
B
cheques
C
debtors
D
stocks
correct option: c
the income and expenditure account unlike the receipts and payments takes records of accruals and prepayment
Please share this, thanks:
Add your answer
No responses