Advertisements
Advertisements
Question
Classify the following account under the types of Personal, Real and Nominal account:
Income Receivable A/c
Options
Personal Account
Real Account
Nominal Account
Advertisements
Solution
Income Receivable A/c - Personal Account
APPEARS IN
RELATED QUESTIONS
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.
Accounts of Assets and Properties.
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:
Radha's Account is a type of ______ account.
Select the most appropriate alternatives from the given below and rewrite the statement:
Goodwill is ______ asset.
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:
Outstanding expense is a nominal 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:
Outstanding salary is a nominal account.
State whether the following statement is True or False with reasons:
Goodwill account is a real account.
State whether the following statement is True or False with reasons:
Motor car account is a Real Account.
Fill in the blank:
Land and Building account is ______ 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 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:
Outstanding Income 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 tax 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:
Income Received in Advance A/c
Classify the following account under the types of Personal, Real and Nominal account:
Royalty A/c
