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:The similarities between Receipts and payments and…Which of the following is found in receipts and…Where the debit side of the income and expenditure…Which of the following items is not contained in the…The income and expenditure account differs from…