In a non-for-profit making organization, the cash book is...
In a non-for-profit making organization, the cash book is referred to as
Income and expenditure account
Receipts and payments account
Two column cashbook
Petty cash book
Correct answer is B
"A receipt and payment account is a summarized cash book (cash and bank) for a given period" prepared by Non-profit organizations (also called non-trading concerns) at the end of year.
The double entry principle states that ...
Use the information to answer the given question. \(\begin{array}{c|c} & D\\ \hline \text{O...
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The fixed amount of money given to a petty cashier at the beginning of a period is called? ...
Which of the following is not a petty cash book item? purchase of ...