Question

26 Classify the following accounts under the types of Personal, Real and Nominal account
1) Mr. Rohit's capital A/C
2) Loose Tools A/C
3)
Drawing A/C
4)
Cartage A/C
5) Prepaid Rent Alc
6) Copyright A/c
7) Patent Ac
8) Outstanding Income A/
9) Prepaid Expenses A/C
10) Commission Received A/c
11) Freight A/C
12) Plant and Machinery A/c
13) Sundry Income A/c
14) Live Stock A/c
15) Goods distributed as free sample A/c 16) Radhika's A/c
17) Outstanding Wages A/c
18) Loss on Sale of Furniture A/
19) Bank of Maharashtra A/C
20) Loan A/C
21) Computer A/C
22) Legal Expenses A/c
23) Fixed Deposit A/c
24) Income Receivable A/c
25) Audit Fees A/c
26) Trademark A/c
27) Loss by fire A/C
28) Motor Car A/c
29) Income tax A/C
30) GST A/c (Goods and Service Ta
31) Siddhivinayak Trust A/c
32) Offfice Equipment A/c
33) Stock of Stationery A/c
34) Indian Railways A/c
35) Income Received in Advance A/c 36) Dividend on Investment A/c
37) Discount A/c
38) Raj & company A/c
39) Repairs A/C
40) Royalty A/C​

Answer 1

Answer:

Rohit's capital A/C:- personal

2) Loose Tools A/C:- Real

3)

Drawing A/C :-Personal

4)

Cartage A/C :-Nominal

5) Prepaid Rent Alc:- personal

6) Copyright A/c:- real

7) Patent Ac:- real

8) Outstanding Income A/ personal

9) Prepaid Expenses A/C personal

10) Commission Received A/c Nominal

11) Freight A/C Nominal

12) Plant and Machinery A/c real

13) Sundry Income A/c Nominal

14) Live Stock A/c real

15) Goods distributed as free sample A/c Nominal 16) Radhika's A/c personal

17) Outstanding Wages A/c personal

18) Loss on Sale of Furniture A/ Nominal

19) Bank of Maharashtra A/C real

20) Loan A/C personal

21) Computer A/C real

22) Legal Expenses A/c Nominal

23) Fixed Deposit A/c personal

24) Income Receivable A/c personal

25) Audit Fees A/c Nominal

26) Trademark A/c real

27) Loss by fire A/C Nominal

28) Motor Car A/c real

29) Income tax A/C personal

30) GST A/c (Goods and Service Tax) Nominal

31) Siddhivinayak Trust A/c Nominal

32) Offfice Equipment A/c real

33) Stock of Stationery A/c real

34) Indian Railways A/c Nominal

35) Income Received in Advance A/c personal36) Dividend on Investment A/c Nominal

37) Discount A/c Nominal

38) Raj & company A/c personal

39) Repairs A/C Nominal

40) Royalty A/C Nominal

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