Classify the following accounts into Personal Account, Real
Account & Nominal Account.
Questions Answers
1. Furniture Account
2. Salaries Account
3. Outstanding Wages Account
4. National Trading Co. Ltd’s Account
5. Stationery Account
6. Prepaid Insurance Account
7. Capital Account
8. Interest Account
9. Building Account
10. Purchase Account
11. Cash Account
12. Bank Account
13. Sales Account
14. Commission received in Advance Account
15. Discount Account
16. Drawing Account
17. Loan Account
18. Mysore Store’s Account
19. Repairs to Machinery Account
20. Stock Account
21. Investment Account
22. Loose Tools Account
23. Bangalore Sports Club’s Account
24. Loss of Goods by Fire Account
25. Motor Vans Account
26. International Trader’s Account
27. Goodwill Account
28. Depreciation Account
29. Bad Debts Account
30. Bad Debts Recovered Account
31. Bank Overdraft Account
32. Book Debts Account
33. Purchases Returns Account
34. Sales Returns Account
35. Postage Account
36. Charity Account
37. Carriage Account
38. Rent Account
39. National College’s Account
40. Bills receivable Account
41. Bills Payable Account
Answer Posted / ahtesham husain
. Stationery Account is a nominal a/c
Is This Answer Correct ? | 57 Yes | 10 No |
Post New Answer View All Answers
Discuss the factors to be considered by the auditor in order to determine an audit strategy.
What Is Social Audit?
Define vouching?
Define decommission liability?
HOW TO DO LEDGER SCRUTINY?
What is the mean of statutory audit?
What is audit trail in siebel?
i have to finalize a mineral water co. for the year 2014-15 and i want to know that what will be rate of excise duty on sale of mineral water.
What are the objectives of internal audit?
Why you want to be a auditor?
Tell me that how I can evaluate the internal control audit?
What is the mean of decommission liability?
What are the different types of audits?
What should the internal auditor?
how to prepare the internal audit sheet ? explain me with example. (take example of LOGISTICS& SUPPLYCHAIN MANGEMENT COMPANY)