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Question
State whether the following statement is True or False with reasons:
Goodwill account is a real account.
Options
True
False
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Solution
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Classify the following account under the types of Personal, Real, and Nominal account:
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Classify the following account under the types of Personal, Real and Nominal account:
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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:
Bank of Maharashtra 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:
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Classify the following account under the types of Personal, Real and Nominal account:
Loss by fire A/c
Classify the following account under the types of Personal, Real and Nominal account:
Motor Car A/c
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GST A/c (Goods and Service Tax)
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