Accounting · Financial Statements of Not-for-Profit Organisations
A Receipts and Payments Account is classified as which type of account?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Personal Account
- 2Real Account✓
- 3Nominal Account
- 4Representative Personal Account
Correct answer
Real Account
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Financial Statements of Not-for-Profit Organisations MCQs →Want more practice questions on Financial Statements of Not-for-Profit Organisations?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Financial Statements of Not-for-Profit Organisations