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What is included in receipts and payments accou... - SS2 Accounting Differences Between Receipts And Payment Accounts And Income And Expenditure Question

What is included in receipts and payments accounts?

A

All cash inflows and outflows of an organization.

B

Income earned and expenses incurred by an organization.

C

Assets and liabilities of an organization.

D

None of the above.

correct option: a
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