What is the nature of bank account:
a) nominal
b) real
c) personal
Answers were Sorted based on User's Feedback
Answer / deepak
Bank comes under personal accout (artificial personal a/c)
why aritificial personal means it indirectly represent a
person, option C is the answer
Is This Answer Correct ? | 102 Yes | 13 No |
Answer / suresh raichur
Bank account will come under personal account.
Is This Answer Correct ? | 37 Yes | 8 No |
Answer / jitendra patro
Bank A/c is a real account but if the bank with name for example HDFC Bank A/c then it is personal account
Is This Answer Correct ? | 36 Yes | 8 No |
Answer / m. maruthi
Bank Account is a personal account. It comes under the category of Artificial personal account. Artificial persons are created by law and Real persons are members in it. So Bank account is a personal account.
Is This Answer Correct ? | 14 Yes | 1 No |
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