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Receipts and payments A/C

Accountancy

Does depreciation appear in the above ac ?


Meda Jeevansai

Meda Jeevansai

CA Inter

20K+

15-Feb-21 08:57

312

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 Final

14K+

16-Feb-21 20:42

No


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

15-Feb-21 10:33

Offer