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Receipts and Payments Account usually indicates: (a) Surplus (b) Capital Fund (c) Debit Balance (d) Credit Balance

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asked Jul 21, 2022 in Accountancy by Doubtly (98.9k points)
edited Jun 29, 2023

Receipts and Payments Account usually indicates:

(a) Surplus
(b) Capital Fund
(c) Debit Balance
(d) Credit Balance

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1 Answer

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answered Jul 21, 2022 by Doubtly (98.9k points)
selected Jun 29, 2023 by Doubtly

Best answer

(c) Debit Balance

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