Advertisements
Advertisements
Question
Classify the following account under the types of Personal, Real and Nominal account:
Plant and Machinery A/c
Options
Personal Account
Real Account
Nominal Account
Advertisements
Solution
Plant and Machinery A/c - Real Account
APPEARS IN
RELATED QUESTIONS
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 Expenses and Losses and Incomes and Gains.
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:
Prepaid expenses is ______ 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:
Loan account is personal 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:
Discount account is a nominal account.
Fill in the blank:
Increase in capital is credited and decrease in capital is ______
Fill in the blank:
______ accounts are accounts of properties and assets.
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 account:
Patent 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:
Sundry Income 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:
Outstanding Wages 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:
Motor Car 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:
The stock of Stationery A/c
Classify the following account under the types of Personal, Real and Nominal account:
Indian Railways A/c
Classify the following account under the types of Personal, Real and Nominal account:
Raj & company A/c
Classify the following account under the types of Personal, Real and Nominal account:
Royalty A/c
