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 books of original entry is…A contract to take possession of goods on…Which of the following is accounted for in receipts…The equivalent of a club's receipts and payment…