Income and expenditure account records: [1]
A. Receipts and payments of revenue and capital nature both
B. Income and expenditure of revenue nature only
C. Expenditure of capital nature only
D. Receipts of revenue nature only
Answer:B
Income and expenditure account records: [1]
A. Receipts and payments of revenue and capital nature both B. Income and expenditure of revenue nature only C. Expenditure of capital nature only D. Receipts of revenue nature only