Question

Account answer classify the following under the types of personal, real and nominal account.

Answer 1

Answer:

nominal a/c

nominal a/c includes loan a/c

Answer 2

ANSWER :

• 1) Mr. Rohin's Capital A/C ➜ Personal Account

• 2) Loose Tools A/C ➜ Real Account

• 3) Drawings A/C ➜ Personal Account

• 4) Cartage A/C ➜ Nominal Account

• 5) Prepaid Rent A/C ➜ Personal Account

• 6) Copyright A/C ➜ Real Account

• 7) Patent A/C ➜ Real Account

• 8) Outstanding Income A/C ➜ Personal Account

• 9) Prepaid Expenses A/C ➜ Personal Account

• 10) Commission Received A/C ➜ Nominal Account

• 11) Freight A/C ➜ Nominal Account

• 12) Plant and Machinery A/C ➜ Real Account

• 13) Sundry Income A/C ➜ Nominal Account

• 14) Live Stock A/C ➜ Real Account

• 15) Goods distributed as free sample A/C ➜ Nominal Account

• 16) Radhika's A/C ➜ Personal Account

• 17) Outstanding Wages A/C ➜ Personal Account

• 18) Loss on Sale of Furniture A/C ➜ Nominal Account

• 19) Bank of Maharashtra A/C ➜ Personal Account

• 20) Loan A/C ➜ Personal Account

• 21) Computer A/C ➜ Real Account

• 22) Legal Expenses A/C ➜ Nominal Account

• 23) Fixed Deposit A/C ➜ Personal Account

• 24) Income Receivable A/C ➜ Personal Account

• 25) Audit Fees A/C ➜ Nominal Account

• 26) Trademark A/C ➜ Real Account

• 27) Loss by fire A/C ➜ Nominal Account

• 28) Motor Car A/C ➜ Real Account

• 29) Income tax A/C ➜ Nominal Account

• 30) GST A/C (Goods and Service Tax) ➜ Nominal Account

• 31) Siddhivinayak Trust A/C ➜ Personal Account

• 32) Office Equipment A/C ➜ Real Account

• 33) Stock of Stationery A/C ➜ Real Account

• 34) Indian Railways A/C ➜ Personal Account

• 35) Income Received in Advance A/C ➜ Personal Account

• 36) Dividend on Investment Advance A/C ➜ Nominal Account

• 37)Discount A/C ➜ Nominal Account

• 38) Raj & Company A/C ➜ Personal Account

• 39)Repairs A/C ➜ Nominal Account

• 40) Royalty A/C ➜ Nominal Account