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Receipts and payments A/C

Does depreciation appear in the above ac ?


Meda Jeevansai

Meda Jeevansai

CA Foundation

11K+

15-Feb-21 08:57

22

Answers (2)

Best Answer

No.it appears in income and expenditure account. Receipts and payments ac involve only summary of actual cash transactions


Sai Teja

Sai Teja

CA Inter

12K+

16-Feb-21 20:42

No


Suraj Lakhotia

Suraj Lakhotia

Admin

15-Feb-21 10:33

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