Receipts and payments account includes which of the following?

(i)All receipts and payments related to the current year.

(ii) All receipts and payments related to the previous or future year(s).

(iii) All receipts and payments irrespective of the nature (both revenue and capital).

1
Only (i) and (ii)
2
Only (i)
3
(i), (ii) and (iii)
4
More than one of the above
5
None of the above

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