Question

12. Classify the following into personal, real and nominal accounts under the English system
a Shankar's account f Life insurance Co. account
b. Building account
g. Vehicle account
C Sales account h Goodwill account
d Bad-debts account i Sharada School account
e Rent account
Salary account
.​

Answer 1

Answer:

1. personal account

2. real account.

3. real account

4. nominal account

5. pta ni

6. personal account

7. personal account