English

Select the most appropriate alternatives from the given below and rewrite the statement: Machinery Account is . . . . . . . . . . . . . account. - Book Keeping and Accountancy

Advertisements
Advertisements

Question

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

Machinery Account is ______ account.

Options

  • Nominal

  • Income

  • Personal

  • Real

MCQ
Advertisements

Solution

Machinery Account is a Real account.

shaalaa.com
  Is there an error in this question or solution?
Chapter 2: Meaning and Fundamentals of Double Entry Book-Keeping - EXERCISE [Page 39]

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 3. 5) | Page 39

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.


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

Outstanding expense is a nominal 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:

Loose Tools 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:

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:

Plant and Machinery 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:

Fixed Deposit 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:

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:

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:

Income Received in Advance A/c


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

Raj & company A/c


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×