The correct answer is: D. None of these
Receipt and Payment Account (R&P Account) is a book of original entry used to record all cash and bank transactions of a business. It is a summary of all the receipts and payments made by the business during a specific period of time.
Cash book is a book of original entry used to record all cash transactions of a business. It is a chronological record of all cash receipts and payments made by the business.
Pass book is a book that is maintained by a bank for each of its customers. It records all the transactions that take place in the customer’s account, such as deposits, withdrawals, and interest earned.
Therefore, R&P Account is not an abbreviated form of either Cash book or Pass book.