Question

Receipts and Payment account is a –
(A) Personal account
(B) Real account
(C) Nominal account
(D) None of these

Answer 1

Answer:

Receipts and Payment account is a –

(A) Personal account✔

(B) Real account

(C) Nominal account

(D) None of these

Answer 2

Answer:

Receipts and Payment account is a –

(A) Personal account☑️☑️☑️☑️

(B) Real account

(C) Nominal account

(D) None of these