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

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प्रश्न

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

Royalty A/c

विकल्प

  • Personal Account

  • Real Account

  • Nominal Account

MCQ
एक शब्द/वाक्यांश उत्तर
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उत्तर

Royalty A/c - Nominal 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. 40) | 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.


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

Machinery Account is ______ account.


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

Outstanding expense is a nominal account.


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:

Drawings account is a nominal account.


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

Loan account is personal account.


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

Discount account is a nominal account.


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

Bank loan account is a Nominal account.


Fill in the blank:

Increase in capital is credited and decrease in capital is ______


Fill in the blank:

Laptop account is a ______ 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:

Cartage A/c


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

Prepaid Rent A/c


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

Prepaid Expenses 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:

Live Stock A/c


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

Goods distributed as free sample 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:

Computer 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:

Siddhivinayak Trust A/c


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

The stock of Stationery A/c


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

Income Received in Advance A/c


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

Dividend on Investment Advance A/c


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