1. Receipts and Payments A/c is a summary of:

2. Subscription received by a schoblfbr organising annual V function is treated as:

3. Out of the following items, which one is shown in the Receipts and Payments Account?

4. In case specific fund is maintained, the expenses exceeding the amount of the fluids, should be recorded on:

5. All receipts from sale of consumable items are treated as:

6. Capital fUnd is calculated:

7. Subscription redeved in advance during the current year is:

8. Balance of Income and Expenditure Account shows:

9. Property received as a result of the will of the deceased person is called:

10. Receipts and Payments Account usually indicates: