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Which of the following is found in a receipts and payments account?

Which of the following is found in a receipts and payments account?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Accruals
  • B Prepayments
  • C Sepreciation of fixed assets
  • D Purchase of fixed assets
Correct Answer: Option D
Explanation:

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