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Classify the following accounts into Personal Account, Real
Account & Nominal Account.
Questions Answers
1. Furniture Account
2. Salaries Account
3. Outstanding Wages Account
4. National Trading Co. Ltd’s Account
5. Stationery Account
6. Prepaid Insurance Account
7. Capital Account
8. Interest Account
9. Building Account
10. Purchase Account
11. Cash Account
12. Bank Account
13. Sales Account
14. Commission received in Advance Account
15. Discount Account
16. Drawing Account
17. Loan Account
18. Mysore Store’s Account
19. Repairs to Machinery Account
20. Stock Account
21. Investment Account
22. Loose Tools Account
23. Bangalore Sports Club’s Account
24. Loss of Goods by Fire Account
25. Motor Vans Account
26. International Trader’s Account
27. Goodwill Account
28. Depreciation Account
29. Bad Debts Account
30. Bad Debts Recovered Account
31. Bank Overdraft Account
32. Book Debts Account
33. Purchases Returns Account
34. Sales Returns Account
35. Postage Account
36. Charity Account
37. Carriage Account
38. Rent Account
39. National College’s Account
40. Bills receivable Account
41. Bills Payable Account
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Answer Posted / amit
1 Real Account
2 Nominal account
3 Nominal account
4 Personal account
5 Nominal account
6 Nominal account
7 Real Account
8 Nominal account
9 Real Account
10 Real Account
11 Personal account
12 Personal account
13 Real Account
14 Real Account
15 Nominal account
16 Nominal account
17 Personal account
18 Personal account
19 Nominal account
20 Personal account
21 Personal account
22 Nominal account
23 Personal account
24 Nominal account
25 Personal account
26 Personal account
27 Real Account
28 Nominal account
29 Nominal account
30 Nominal account
| Is This Answer Correct ? | 32 Yes | 21 No |
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