Question

classify the following account and give brief explanation first bank overdraft account second Insurance Premium Account third stationary stock account for Commission received a comfy chair of data company accounts 6 purchase return account 7 Gujarat University account 8 good good destroyed by fire account​

Answer 1

Explanation:

1. Nominal account

2. Nominal account

3. Real Account

4. Nominal account

6. Nominal account

7. Personal account

8. Nominal account

question no. 5 I'm unable to understand what you write