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प्रश्न
Classify the following account under the types of Personal, Real and Nominal account:
Indian Railways A/c
पर्याय
Personal Account
Real Account
Nominal Account
उत्तर
Indian Railways A/c - Personal Account
APPEARS IN
संबंधित प्रश्न
Answer in one sentence only.
What is an Account?
Write one word/term or phrase which can substitute the following statement.
The Assets which cannot be seen, touched or felt.
Select the most appropriate alternatives from the given below and rewrite the statement:
Machinery Account is ______ account.
Select the most appropriate alternatives from the given below and rewrite the statement:
Goodwill is ______ asset.
State whether the following statement is True or False with reasons:
Outstanding expense is a nominal account.
State whether the following statement is True or False with reasons:
Capital account is a real account.
State whether the following statement is True or False with reasons:
Discount received is a nominal account.
State whether the following statement is True or False with reasons:
Goodwill account is a real account.
State whether the following statement is True or False with reasons:
Discount account is a nominal account.
Fill in the blank:
Debit what comes in and credit what goes out is the rule of ______ account.
Fill in the blank:
______ accounts are accounts of properties and assets.
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Prepaid Rent A/c
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Outstanding Income A/c
Classify the following accounts under the types of Personal, Real and Nominal account:
Prepaid Expenses A/c
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Plant and Machinery A/c
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Income Receivable A/c
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