Cash paid to Gupta is which nature of account Real, Personal or Nominal account.
Answers
Answered by
1
Answer:
Nominal
Explanation:
follow as brain list
Answered by
1
Explanation:
Correct option is
B
Nominal Account
Accounts are classified in three categories i.e. personal a/c, real a/c and nominal a/c. Account of any person is a personal account, the real account is an account which does not closed at the end of accounting year and the balances are carried over to the next year.
All expense account are nominal account. Salary account is an expense account and is a nominal account
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