Receipt and payment account discloses? by Sunday | Dec 5 | Accounting JAMB | 0 comments A. debtors B. creditors C. prepayment D. depreciation Correct Answer: Option C – prepayment Users Also Read These:What is the receipts and payment account balance?Which of the following is accounted for in receipts…Income and expenditure account is more informative…Which of the following accompanies goods supplied…The equivalent of a club's Receipt and payment account is?