A

Admin • 831.35K Points
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Q. What type of account is 'Rent Received'?

  • (A) Real Account
  • (B) Personal Account
  • (C) Nominal Account
  • (D) Fictitious Account
  • Correct Answer - Option(C)
  • Views: 10
  • Filed under category Accounting
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Explanation by: Admin
Rent Received is a nominal account since it relates to income.

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