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 balance of the receipts and payments account is?The similarities between Receipts and payments and…The summary of receipts and payments account represent?The method that provides a reliable check upon cash…Receipt and payment account discloses?