मराठी
महाराष्ट्र राज्य शिक्षण मंडळएचएससी कला (इंग्रजी माध्यम) इयत्ता ११ वी

State whether the following statement is True or False with reasons: Outstanding salary is a nominal account.

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प्रश्न

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

Outstanding salary is a nominal account.

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर
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उत्तर

This statement is False.
Salary payable to an employee means an outstanding salary. As an employee (person) is involved, an outstanding salary is nothing but a personal account.
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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 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
पाठ 2 Meaning and Fundamentals of Double Entry Book-Keeping
EXERCISE | Q 4. 6) | पृष्ठ ४०

संबंधित प्रश्‍न

Answer in one sentence only:

What is Personal Account?


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:

Radha's Account is a type of ______ account.


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

Prepaid expenses is ______ 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:

Motor car account is a Real Account.


Fill in the blank:

Increase in capital is credited and decrease in capital is ______


Fill in the blank:

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


Fill in the blank:

______ accounts are accounts of properties and assets.


Fill in the blank:

Laptop account is a ______ account.


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

Mr. Rohit’s capital A/c


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 accounts:

Prepaid Rent A/c


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

Outstanding Income 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:

Loan 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:

GST A/c (Goods and Service Tax)


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:

Office Equipment A/c


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

Dividend on Investment Advance A/c


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

Royalty A/c


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