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Classify the following account under the types of Personal, Real and Nominal account: Live Stock A/c - Book Keeping and Accountancy

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प्रश्न

Classify the following account under the types of Personal, Real and Nominal account:

Live Stock A/c

विकल्प

  • Personal Account

  • Real Account

  • Nominal Account

MCQ
एक शब्द/वाक्यांश उत्तर
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उत्तर

Live Stock A/c - Real Account

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अध्याय 2: Meaning and Fundamentals of Double Entry Book-Keeping - EXERCISE [पृष्ठ ४१]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
अध्याय 2 Meaning and Fundamentals of Double Entry Book-Keeping
EXERCISE | Q 6. 14) | पृष्ठ ४१

संबंधित प्रश्न

Answer in one sentence only.

What is an Account?


Answer in one sentence only:

What is Personal Account?


Answer in one sentence only:

State the meaning of Real Account.


Write one word/term or phrase which can substitute the following statement.

Name of the account which is debited when proprietor uses business money for personal use.


Write one word/term or phrase which can substitute the following statement.

Accounts of Assets and Properties.


Write one word/term or phrase which can substitute the following statement.

The Assets which cannot be seen, touched or felt.


Select the most appropriate alternatives from the given below and rewrite the statement:

Every debit has corresponding ____________


Select the most appropriate alternatives from the given below and rewrite the statement:

Goodwill is ______ asset.


State whether the following statement is True or False with reasons:

Capital account is a real account.


State whether the following statement is True or False with reasons:

Discount received is a nominal account.


State whether the following statement is True or False with reasons:

Loan account is personal account.


Fill in the blank:

Land and Building account is ______ account.


Fill in the blank:

Debit what comes in and credit what goes out is the rule of ______ account.


Classify the following accounts under the types of Personal, Real and Nominal account:

Loose Tools A/c


Classify the following accounts under the types of Personal, Real, and Nominal accounts:

Drawing A/c


Classify the following accounts under the types of Personal, Real and Nominal account:

Commission Received A/c


Classify the following account under the types of Personal, Real and Nominal account:

Freight A/c


Classify the following account under the types of Personal, Real and Nominal account:

Plant and Machinery A/c


Classify the following account under the types of Personal, Real, and Nominal account:

Sundry Income A/c


Classify the following account under the types of Personal, Real and Nominal account:

Outstanding Wages A/c


Classify the following account under the types of Personal, Real and Nominal account:

Loss on Sale of Furniture A/c


Classify the following account under the types of Personal, Real and Nominal account:

Loan A/c


Classify the following account under the types of Personal, Real and Nominal account:

Computer A/c


Classify the following account under the types of Personal, Real and Nominal account:

Income Receivable A/c


Classify the following account under the types of Personal, Real and Nominal account:

Trademark A/c


Classify the following account under the types of Personal, Real and Nominal account:

Loss by fire A/c


Classify the following account under the types of Personal, Real and Nominal account:

Income tax A/c


Classify the following account under the types of Personal, Real and Nominal account:

Siddhivinayak Trust A/c


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