Receipts and payments account is a

Explanation:

• Personal account includes all accounts related to a person, organizations, banks etc.

• Nominal account includes all accounts related to expenses, losses, income and gains.

• Real account includes all accounts related to assets like land, machine, cash etc. (except debtor, which is a personal account).

• Representative account is also a personal account as it represents some person.

Final Answer:

 Hence, the correct answer is option C: Real Account.