Which of the following features describe a receipts and payments account i it is a nominal account ii it contains only items of revenue iii it is a real acc...

Assessment: WAEC SSCE - Book Keeping - 2025 (Objective) Subject: Book Keeping

Question 1 Report

Which of the following features describe a receipts and payments account 

i it is a nominal account

ii it contains only items of revenue

iii it is a real account

iv it records capital expenditure items

View Answer

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