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What is the basis for preparing receipts and payments account?
Most Upvoted Answer
What is the basis for preparing receipts and payments account?
Cash basis
Only those transaction which result in inflow or outflow of cash are recorded here.
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What is the basis for preparing receipts and payments account?
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What is the basis for preparing receipts and payments account? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is the basis for preparing receipts and payments account? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the basis for preparing receipts and payments account?.
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