Advertisements
Advertisements
Question
Classify the following account under the types of Personal, Real, and Nominal account:
Sundry Income A/c
Options
Personal Account
Real Account
Nominal Account
Advertisements
Solution
Sundry Income A/c - Nominal Account
APPEARS IN
RELATED QUESTIONS
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:
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:
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:
Travelling expenses account is ______ type of 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:
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:
Copyright 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:
Plant and Machinery 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:
Loss on Sale of Furniture A/c
Classify the following account under the types of Personal, Real and Nominal account:
Fixed Deposit 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:
Raj & company A/c
Classify the following account under the types of Personal, Real and Nominal account:
Repairs A/c
Classify the following account under the types of Personal, Real and Nominal account:
Royalty A/c
