A club runs a coffee shop. The depreciation of shop items will included in the:

Receipts and payments account is a:

Receipts and payments account is the summary of:

Receipts and payments account is prepared at the:

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

The members pay an amount for the facilities provided by the society. This is known as:

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

The surplus/deficit will be transferred to:

Income and expenditure account is a:

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