Income and expenditure account is more informative than receipts and payments account because it discloses? by Sunday | Dec 8 | Accounting JAMB | 0 comments A. cash B. cheques C. debtors D. stocks Correct Answer: Option C – debtors Users Also Read These:Informative advertising is aimed at?Which of the following is accounted for in receipts…What is the cash balance in the receipts and…Which of the following is found in receipts and…The income and expenditure account differs from…