Receipts and payment account is a ________ account
A) Personal
B) Real
C) Nominal
D) General
Correct Answer:
Verified
Q4: Any profit on sale of a cricket
Q5: Educational institutions are
A)Profit organizations
B)Non profit organizations
C)Wealth organization
D)Social
Q6: Non profit organizations trial balance shows
A)Debit
B)Credit
C)Equal balance
D)Suspense
Q7: Receipts and payment accounts, I & E
Q8: Purchase of assets are entered in nonprofit
Q10: In a non profit organizations cashbook shows_
Q11: Receipts and payment account begins with opening
Q12: Receipts and payment accounts includes all receipts
Q13: Receipts and payment accounts records all receipts
Q14: While preparing the final a accounts of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents