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 / preethi

Is Postage personal a/c

Is This Answer Correct ?    2 Yes 9 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

central excise all question

2145


please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U

1924


Explain how to do an internal audit effectively?

680


I WANT TO DO MY ARTICLE-SHIP FROM DELLOITS KOLKATA..PLEASE HELP??

1706


When should a company sack its auditor?

1740






How auditing is prepared?

1946


what supporting documents do we vouch to for sales, purchases, receivables, payables, sales cutoff, and liabilities cutoff?

5995


Explain the difference between internal audit and statutory audit?

676


Why does a systems auditor need to use professional judgement when selecting audit procedures?

654


what are procedure we need to do at the time ACTO VISIT FOR AUDIT OF VAT .

1778


How would you describe your management style

1826


Explain the basic principles of an internal audit controlsystem?

677


Which books are helpful for practising accounting's most tricky sums?

1161


Whats are the importance of evaluating an internal audit department?

690


What are intangible assets?

639