App Logo

No.1 PSC Learning App

1M+ Downloads
Revenue receipts are credited in the ________

ATrading Account

BProfit and Loss account

CCapital account

DDrawing account

Answer:

B. Profit and Loss account


Related Questions:

Liability may or may not arise in future after happening of certain events ........ liability.
Depreciation of fixed asset is?
The balance of asset in a balance sheet of a co operative society is calculated by the equation :
_______ account is related with rectification of accounting error.
Reduction of share capital requires the permission of