Donation - Charity Account is -

Question

Toppr Admin · Accepted Answer

Correct option is C- Nominal A-cDonation 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-

Donation & Charity Account is ____________.

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.

Donation & Charity Account is ____________.

Correct option is C. Nominal A/cDonation 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.

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.