New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following financial statements can be

    prepared using a receipt and payment account?
    A Income statement Correct Answer Incorrect Answer
    B Balance sheet Correct Answer Incorrect Answer
    C Cash flow statement Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    A cash flow statement can be prepared using the information provided by a receipt and payment account.

    Practice Next