Receipts and payments account is prepared at the:

The final balance of the receipts and payments account represents the balance of:

If gains are less than the expenses, then it is known as:

Which of these item is NOT included in the receipt and payments account?

A person usually responsible for collecting and paying money on the behalf of society is known as:

Clubs and societies are:

Receipts and payments account is the summary of:

Receipts and payments account is a:

The surplus/deficit will be transferred to:

If there is a deficit, accumulated fund will: