English

Classify the following accounts under the types of Personal, Real, and Nominal accounts: Prepaid Rent A/c

Advertisements
Advertisements

Question

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

Prepaid Rent A/c

Options

  • Personal Account

  • Real Account

  • Nominal Account

MCQ
One Word/Term Answer
Advertisements

Solution

Prepaid Rent A/c - Personal Account

shaalaa.com
  Is there an error in this question or solution?
Chapter 2: Meaning and Fundamentals of Double Entry Book-Keeping - EXERCISE [Page 41]

APPEARS IN

Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 2 Meaning and Fundamentals of Double Entry Book-Keeping
EXERCISE | Q 6. 5) | Page 41

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:

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.


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

Drawings account is a nominal account.


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

Discount account is a nominal account.


Fill in the blank:

Travelling expenses account is ______ type of Account


Fill in the blank:

______ accounts are accounts of properties and assets.


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

Drawing A/c


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

Freight 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:

Live Stock A/c


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

Goods distributed as free sample A/c


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

Radhika’s 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:

Loan 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:

Audit Fees 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:

Indian Railways A/c


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

Royalty A/c


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×