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Receipts and payments A/C
Does depreciation appear in the above ac ?
Answers (2)
Best Answer
No.it appears in income and expenditure account. Receipts and payments ac involve only summary of actual cash transactions
Forums
Receipts and payments A/C
Does depreciation appear in the above ac ?
Answers (2)
Best Answer
No.it appears in income and expenditure account. Receipts and payments ac involve only summary of actual cash transactions