You visited us 0 times! Enjoying our articles? Unlock Full Access!
Question
B Real A/c C Nominal A/c D None of these
Open in App
Solution
Verified by Toppr
Correct option is C. Nominal A/c
Donation is the object that is being given such as blood, money, toys, clothes, etc. Charity is the act of giving the items to someone that may need it. Charity and donation is considered as income of the NPO, hence donation and charity A/c is nominal in nature.
Was this answer helpful?
1