Home » Accounts (Principles of Accounts) » Income and expenditure account is more informative than receipts and payments account because it discloses?Income and expenditure account is more informative than receipts and payments account because it discloses? Income and expenditure account is more informative than receipts and payments account because it discloses? A. cash B. cheques C. debtors D. stocks Correct Answer: Option C Explanation Related Posts What is the amount of capital employed? Share of ₦3 nominal value were issued at a price ₦4. The difference of ₦1… The rule of accounting equation requires that account payable should be placed under? Which of the following does not appear on the debit side of a company’s profit… A trading account is prepared to disclose the Which of the following is used before the appropriation bill is approved?
