What are the differences between ‘Receipts and Payments Account’ and ‘Income and Expenditure Account’? ‘प्राप्तियां और भुगतान खाते’ और ‘आय और व्यय खाते’ के बीच अंतर क्या हैं?
Ans: Receipts and Payments Account: A Receipts and Payments Account is a summary of bank and cash transaction. Receipts are shown on the left hand side while payments are shown on the right hand...
