Receipt & payment a/c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 August 2013
what is Receipt & Payment account. why it is made.what are the difference between P/L & R/P account.
31 August 2013
receipt amd pay a/c is made for professionals like lawyers doctors etc providing services.
pnl a/c is for those who are manufacturer or purchase and sell goods. or are dealers in goods
pnl a/c is for those who are manufacturer or purchase and sell goods. or are dealers in goods
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