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  3. Study Set
    Financial Accounting
  4. Exam
    Exam 47: Single Entry System and Profit Calculation
  5. Question
    Receipts and Payments Account Usually Indicates-
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Receipts and Payments Account Usually Indicates-

Question 19

Question 19

Multiple Choice

Receipts and Payments Account usually indicates-


A) Surplus
B) Capital Fund
C) Debit Balance
D) Credit Balance

Correct Answer:

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