What is the nature of bank account:
a) nominal
b) real
c) personal

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What's the accounting entry when an Invoice is created in AR?

1594


If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?

2021


how to caluclate tds from emloyees and others

1595


Explain what is accrual accounting?

676


CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT

1614






If a transaction was missed completly how do you find it?

1635


bank jobs

1679


on what rate depreciation will be calculated?

1712


how will you adjust voluntary seperation payment in cash flow statement

1629


what's the mean by Imprest system? Please give me Replay on this no. 9885789716

1478


What are the effects of international accounting standards on accounting practices of developing nations?

679


what is t code of all expences general legder?

1595


what is revenue recognition rule, and can you specify the answer.

1306


cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c

1837


Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?

615