A. Electricity
B. Donations
C. Stationery
D. Bar suppliers
Correct Answer: Option B
B. Donations
Explanation
In the income and expenditure account, Expenditure (payments) is recorded on the debit side and income (receipts) is recorded on the credit side. If the credit side exceeds the debit side, it is called a surplus. On the other hand, if the debit side exceeds the credit side, there is a deficit. From the options given, only ”donations” is an income the rest are all expenses.