Income and expenditure account is more informative than receipts and payments account because it discloses? By: Sunday|Published on: Dec 8|Categories: Accounting JAMB| 0 comments A. cash B. cheques C. debtors D. stocks Correct Answer: Option C – debtors Users Also Read These:Which of the following is a credit item in an income…The similarities between Receipts and payments and…The income and expenditure account differs from…Which of the following is a credit item on an income…What is the balance of the income and expenditure account?SEE ALSO A part of public company's profits belonging to the shareholders is?