Which of the following is shown on the Payment side of Receipt and Payment A/c?

(A) Audit fees
(B) Conveyance
(C) Insurance
(D) Locker rent received
(E) Subscription

Choose the correct answer from the options given below:

(A), (B) and (C) only

The correct answer is Option 3 - (A), (B) and (C) only.

(A) Audit fees- This is expense so it is shown on the payment side.
(B) Conveyance- This is expense so it is shown on the payment side.
(C) Insurance- This is expense so it is shown on the payment side.
(D) Locker rent received- This is an income so it is shown on the receipts side.
(E) Subscription-This is an income so it is shown on the receipts side.