WAEC - Accounts Principles Of Accounts (2013 - No. 39)
In a non-for-profit making organization, the cash book is referred to as
income and expenditure acount
receipts and payments account
two column cashbook
petty cash bok
Explanation
"A receipt and payment account is a summarized cash book (cash and bank) for a given period" prepared by Non-profit organizations (also called non-trading concerns) at the end of year.
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