हिंदी

State whether the following statement is True or False with reasons: Bank loan account is a Nominal account.

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प्रश्न

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

Bank loan account is a Nominal account.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

This statement is False.
Amount of loan given by the bank is known as a bank loan. Here, the bank is a legal entity, therefore we can say that a bank loan account is a. personal account.
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अध्याय 2: Meaning and Fundamentals of Double Entry Book-Keeping - EXERCISE [पृष्ठ ४०]

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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 4. 13) | पृष्ठ ४०

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