Receipts Accounts: Are those items which a business received on cash basis rather than on credit basis. They include subscriptions, donations due and cash sales. They are always recorded on the debit side of receipts and payment accounts, whereas, payment accounts are those items which a club has paid for and they are always written on the credit side of the receipt and payment accounts. The difference between them is the balance which may be debit or credit.
Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…
Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…
Sociology is the scientific study of human society, culture, and behavior. It examines the social…
Social Work is a profession dedicated to helping individuals, families, and communities to cope with…
Religious studies is an academic discipline that explores the beliefs, practices, and history of various…
Public administration is the field of study and practice that focuses on the organization and…