Receipts and payments accounts is the summary of
...Receipts and payments accounts is the summary of
Income and expenditure
Cash book
Balance sheet
Profit and loss
Correct answer is B
No explanation has been provided for this answer.
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\(\begin{array}{c|c} \text{Capital} & 12,700 & \text{Purchases} & 7,100 \\ \hline \text{...