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प्रश्न
Receipts and payments account is a _________.
पर्याय
Nominal A/c
Real A/c
Personal A/c
Representative personal account
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उत्तर
Receipts and payments account is a Real A/c.
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संबंधित प्रश्न
State whether the following statement is True or False.
There is no difference between Receipts and Payment Account and Income and Expenditure Account.
Receipts and Payments Account falls under the category of _____ Account.
Credit side of Receipts and Payments Account shows cash ______.
Complete the following sentence.
"______ donations are to be utilized to promote the general purpose of the organization".
Which of the following is not a capital receipt?
The nature of Receipts and Payments Account is ______.
Donations received for a special purpose ______
Subscription received by a school for organising annual function is treated as ______.
If a general donation of smaller amount is received by a school, that donation will be shown on ______.
As per Receipts and Payments Account of Kala Club for the year ended 31st March, 2021, subscriptions received were ₹ 4,00,000.
| ₹ | |
| Subscriptions outstanding on 1.4.2020 | 1,00,000 |
| Subscriptions outstanding on 31.3.2021 | 70,000 |
| Subscriptions received in advance on 1.4.2020 | 50,000 |
| Subscriptions received in advance on 31.3.2021 | 80,000 |
Calculate the amount of subscriptions to be shown in Income and Expenditure Account for the year ended 31st March, 2021 as income from subscription.
