Advertisements
Advertisements
Question
Classify the following account under the types of Personal, Real and Nominal account:
Outstanding Wages A/c
Options
Personal Account
Real Account
Nominal Account
Solution
Outstanding Wages A/c - Personal Account
APPEARS IN
RELATED QUESTIONS
Answer in one sentence only.
What is an Account?
Answer in one sentence only:
State the meaning of Real Account.
Write one word/term or phrase which can substitute the following statement.
Accounts of Assets and Properties.
Write one word/term or phrase which can substitute the following statement.
Accounts of Expenses and Losses and Incomes and Gains.
Select the most appropriate alternatives from the given below and rewrite the statement:
Radha's Account is a type of ______ account.
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:
Loan account is personal 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.
State whether the following statement is True or False with reasons:
Motor car account is a Real Account.
Fill in the blank:
Land and Building account is ______ account.
Classify the following accounts under the types of Personal, Real and Nominal account:
Loose Tools A/c
Classify the following accounts under the types of Personal, Real, and Nominal accounts:
Prepaid Rent A/c
Classify the following accounts under the types of Personal, Real and Nominal account:
Copyright A/c
Classify the following account under the types of Personal, Real and Nominal account:
Freight A/c
Classify the following account under the types of Personal, Real and Nominal account:
Goods distributed as free sample A/c
Classify the following account under the types of Personal, Real and Nominal account:
Loss on Sale of Furniture A/c
Classify the following account under the types of Personal, Real and Nominal account:
Loan A/c
Classify the following account under the types of Personal, Real and Nominal account:
Income Receivable A/c
Classify the following account under the types of Personal, Real and Nominal account:
Loss by fire A/c
Classify the following account under the types of Personal, Real and Nominal account:
Motor Car A/c
Classify the following account under the types of Personal, Real and Nominal account:
Indian Railways A/c
Classify the following account under the types of Personal, Real and Nominal account:
Dividend on Investment Advance A/c
Classify the following account under the types of Personal, Real and Nominal account:
Royalty A/c