Which of these is NOT shown in the receipts and payments account?

1. The receipts and payments account is a summary of actual cash and bank movements. 2. The textbook states that non-cash items such as depreciation, outstanding expenses and accrued income are not shown in it. 3. Depreciation involves no cash movement at all, so it is excluded. 4. A building bought for cash, salaries paid, and a subscription actually received in advance all involve cash, so all three are recorded. 5. Depreciation does appear in the income and expenditure account, which is prepared on the accrual basis. _Source: TN HSC Class 12 Accountancy (Samacheer Kalvi, Govt of Tamil Nadu), Unit 2 "Accounts of Not-for-Profit Organisation", §2.3 and §2.5_